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Fly News Breaks for December 10, 2015
PFSI
Dec 10, 2015 | 05:30 EDT
Barclays analyst Mark DeVries started PennyMac Financial with an Overweight rating and $20 price target. The Street is underestimating the growth of the company's originations, the analyst contends.
News For PFSI From the Last 2 Days
PFSI
Apr 26, 2024 | 07:37 EDT
Wells Fargo lowered the firm's price target on PennyMac Financial to $105 from $110 and keeps an Overweight rating on the shares. There was a lot to like in the quarter including a 15% operating ROE and better than expected production earnings while servicing continues to be an important contributor, the analyst tells investors in a research note.
PFSI
Apr 25, 2024 | 08:50 EDT
Deutsche Bank lowered the firm's price target on PennyMac Financial to $112 from $115 and keeps a Buy rating on the shares. The analyst says the company's Q1 margins offset volume weakness.