JMP Securities Maintains Market Outperform on Ellington Financial, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston maintains a Market Outperform rating on Ellington Financial (NYSE:EFC) but lowers the price target from $14.5 to $14.
July 24, 2024 | 11:57 am
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Ellington Financial but lowers the price target from $14.5 to $14.
The Market Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100