Keefe, Bruyette & Woods Downgrades PennyMac Financial Servs to Market Perform, Maintains Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded PennyMac Financial Services (NYSE:PFSI) from Outperform to Market Perform, while maintaining the price target at $102.
July 22, 2024 | 9:25 am
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NEGATIVE IMPACT
Keefe, Bruyette & Woods has downgraded PennyMac Financial Services from Outperform to Market Perform, while maintaining the price target at $102.
The downgrade from Outperform to Market Perform by a reputable analyst firm like Keefe, Bruyette & Woods is likely to negatively impact investor sentiment and short-term stock price performance for PFSI. Maintaining the price target at $102 suggests that the firm does not see significant upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100