JP Morgan Maintains Overweight on Annaly Capital Management, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on Annaly Capital Management but lowers the price target from $22 to $21.
October 25, 2024 | 3:40 pm
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NEUTRAL IMPACT
JP Morgan analyst Richard Shane maintains an Overweight rating on Annaly Capital Management but lowers the price target from $22 to $21.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on NLY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100