Piper Sandler Maintains Overweight on PennyMac Financial Servs, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained an Overweight rating on PennyMac Financial Services (NYSE:PFSI) and raised the price target from $112 to $125, indicating a positive outlook for the company's stock.
October 01, 2024 | 12:10 pm
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Piper Sandler has maintained an Overweight rating on PennyMac Financial Services and increased the price target to $125, suggesting a positive short-term outlook for the stock.
The increase in price target from $112 to $125 by Piper Sandler, along with maintaining an Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in PFSI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100