Piper Sandler Maintains Neutral on PennyMac Mortgage IT, Lowers Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Crispin Love maintains a Neutral rating on PennyMac Mortgage IT (NYSE:PMT) and lowers the price target from $15 to $14.5.
July 24, 2024 | 11:53 am
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Piper Sandler analyst Crispin Love maintains a Neutral rating on PennyMac Mortgage IT (NYSE:PMT) and lowers the price target from $15 to $14.5.
The lowered price target from $15 to $14.5 suggests a less optimistic outlook for PennyMac Mortgage IT, which could lead to a short-term negative impact on the stock price.
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