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Fly News Breaks for January 28, 2019
ANH
Jan 28, 2019 | 08:41 EDT
As previously reported, Credit Suisse analyst Douglas Harter downgraded Anworth Mortgage to Underperform from Neutral and lowered his price target on the shares to $4 from $4.25. While the stock already trades at a 10% discount to Q4 book value, the outlook for continued weak risk-adjusted returns leads him to see better total return opportunities elsewhere in his mREIT coverage.
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