Piper Sandler Maintains Overweight on PennyMac Financial Servs, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained an Overweight rating on PennyMac Financial Services and raised the price target from $125 to $132, indicating a positive outlook for the company's stock.
October 23, 2024 | 12:40 pm
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Piper Sandler has maintained an Overweight rating on PennyMac Financial Services and increased the price target from $125 to $132, suggesting a positive short-term outlook for the stock.
The increase in price target from $125 to $132 by Piper Sandler, along with the maintained Overweight rating, indicates a positive sentiment from analysts towards PennyMac Financial Services. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100