Keefe, Bruyette & Woods Maintains Outperform on PennyMac Mortgage IT, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Bose George maintains an Outperform rating on PennyMac Mortgage IT (NYSE:PMT) but lowers the price target from $15.5 to $15.
July 25, 2024 | 1:22 pm
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NEUTRAL IMPACT
Keefe, Bruyette & Woods maintains an Outperform rating on PennyMac Mortgage IT but lowers the price target from $15.5 to $15.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100