Wells Fargo raised the firm’s price target on AGNC Investment to $10 from $7.50 and keeps an Equal Weight rating on the shares following solid Q4 results. While interest rate risk remains, the range of outcomes is arguably tighter, Wells argues.
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Read More on AGNC:
- AGNC Investment Corp. Announces Fourth Quarter 2023 Financial Results
- AGNC Investment reports Q4 EPS 57c, consensus 59c
- AGNC Investment Corp. options imply 3.0% move in share price post-earnings
- AGNC Investment price target raised to $10 from $8.50 at JPMorgan
- Options Volatility and Implied Earnings Moves Today, January 22, 2024
