Wedbush Reiterates Neutral on PennyMac Mortgage IT, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated a Neutral rating on PennyMac Mortgage IT (NYSE:PMT) and maintained a $15 price target.

July 25, 2024 | 1:06 pm
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Wedbush analyst Jay McCanless has reiterated a Neutral rating on PennyMac Mortgage IT (NYSE:PMT) and maintained a $15 price target.
The reiteration of a Neutral rating and maintenance of the $15 price target suggests that there are no significant changes in the analyst's outlook for PMT. This is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100