Keefe, Bruyette & Woods Upgrades PennyMac Mortgage IT to Outperform, Lowers Price Target to $10
Keefe, Bruyette & Woods analyst Bose George upgrades PennyMac Mortgage IT (NYSE:PMT) from Market Perform to Outperform and lowers the price target from $10.75 to $10.
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Why It Matters
An expert analyst thinks PennyMac Mortgage will do better going forward. When smart analysts upgrade stocks, it often means they see improving business ahead.
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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