RBC Capital raised the firm’s price target on Annaly Capital to $21 from $18 and keeps an Outperform rating on the shares. The analyst is updating the firm’s estimates to reflect mortgage spread tightening and interest rate declines seen during Q4.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NLY:
