JP Morgan Maintains Overweight on Annaly Capital Management, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on Annaly Capital Management and raises the price target from $21 to $22.
October 17, 2024 | 2:22 pm
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JP Morgan has reaffirmed its Overweight rating on Annaly Capital Management and increased the price target from $21 to $22, indicating a positive outlook.
The increase in price target from $21 to $22 by JP Morgan suggests a positive outlook for Annaly Capital Management. The reaffirmation of the Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100