2023-01-23 07:55:15 AGM Federal Agricultural Mortgage
01/23/23 01/2307:55 01/23/2307:55 | Federal Agricultural Mortgage initiated with a Buy at Seaport GlobalSeaport Global analyst Bill Ryan initiated coverage of Federal Agricultural Mortgage with a Buy rating and $164 price target. Federal Agricultural is a government sponsored enterprise that combines private capital and public sponsorship to serve the public purpose of providing a secondary market for a variety of loans made to borrowers in rural America, the analyst tells investors in a research note. Seaport has a favorable outlook for the agricultural sector, which it says should continue to support farmer income, loan growth, collateral values, and credit performance for the foreseeable future. |
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Cardinal Health upgraded to Outperform from Neutral at Baird »
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