B. Riley Securities Reiterates Buy on PennyMac Mortgage IT, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has reiterated its Buy rating on PennyMac Mortgage IT (NYSE:PMT) and maintained a price target of $16.
July 24, 2024 | 3:37 pm
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B. Riley Securities has reiterated its Buy rating on PennyMac Mortgage IT (NYSE:PMT) and maintained a price target of $16.
The reiteration of a Buy rating and the maintenance of a $16 price target by B. Riley Securities is a positive signal for investors. It suggests confidence in the company's future performance and could lead to increased investor interest and a potential short-term price increase.
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