Wells Fargo Maintains Equal-Weight on PennyMac Mortgage IT, Lowers Price Target to $9
Wells Fargo analyst Donald Fandetti maintains PennyMac Mortgage IT (NYSE:PMT) with a Equal-Weight and lowers the price target from $10 to $9.
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Why It Matters
A big bank analyst thinks PennyMac stock might go down a bit. They lowered their price guess from $10 to $9, meaning they are less hopeful about it.
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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