JP Morgan Maintains Neutral on Two Harbors Inv, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Two Harbors Investment Corp (NYSE:TWO) and lowers the price target from $13.5 to $11.5.

October 30, 2024 | 4:56 pm
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JP Morgan analyst Richard Shane maintains a Neutral rating on Two Harbors Investment Corp and lowers the price target from $13.5 to $11.5.
The lowering of the price target from $13.5 to $11.5 by JP Morgan suggests a less optimistic outlook for Two Harbors Investment Corp, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100