RBC Capital Maintains Sector Perform on Two Harbors Inv, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains a Sector Perform rating on Two Harbors Investment Corp (NYSE:TWO) but lowers the price target from $14 to $12.
November 01, 2024 | 6:09 pm
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RBC Capital has maintained its Sector Perform rating for Two Harbors Investment Corp but has lowered the price target from $14 to $12, indicating a less optimistic outlook.
The lowering of the price target from $14 to $12 by RBC Capital suggests a less optimistic view on the stock's future performance, which could lead to a negative short-term impact on the stock price. The maintained Sector Perform rating indicates that the stock is expected to perform in line with the market or sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100