Wells Fargo Maintains Overweight on Annaly Capital Management, Lowers Price Target to $22
Wells Fargo analyst Donald Fandetti maintains Annaly Capital Management (NYSE:NLY) with a Overweight and lowers the price target from $24 to $22.
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Why It Matters
A big bank's analyst still likes Annaly but thinks it might be worth less money soon. Watch if the stock falls to see if the new price makes sense.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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