Annaly Capital: I've Completely Changed My Mind (Rating Upgrade)
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Annaly Capital has been upgraded from a hold rating due to a reassessment of its leverage and dividend track record. Despite recent spikes in Treasury yields, the Fed's stance on rates suggests yields may decrease, potentially benefiting Annaly Capital.

January 30, 2025 | 5:15 am
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Annaly Capital has been upgraded from a hold rating due to a reassessment of its leverage and dividend track record. The Fed's stance on rates suggests yields may decrease, potentially benefiting Annaly Capital.
The upgrade in rating for Annaly Capital is based on a reassessment of its leverage, which is not as crippling as previously thought, and its dividend track record. Additionally, the Fed's decision to hold rates steady suggests that recent spikes in Treasury yields may reverse, which could benefit Annaly Capital's performance. These factors contribute to a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100