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Fly News Breaks for February 10, 2020
PFSI
Feb 10, 2020 | 07:57 EDT
Wedbush analyst Henry Coffey raised his price target for PennyMac Financial to $40 from $34 saying that it seems positioned to grow share, and with volumes likely to be higher than expected in 2020, he is looking for originations to be modestly above the $118.9B reported in 2019. The analyst has an Outperform rating on the shares.
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