JonesResearch analyst Jason Stewart lowered the firm’s price target on Annaly Capital to $21 from $22.50 and keeps a Buy rating on the shares after the company reported quarterly results. The firm believes Annaly will add accretive investments by taking advantage of wide spreads and the large supply of MSR currently available.
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- Annaly Capital price target lowered to $21 from $23 at Wells Fargo
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- Annaly Capital price target lowered to $22 from $23 at JPMorgan
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