Stifel Nicolaus Cuts Annaly Capital (NLY) to Hold

Stifel Nicolaus' Michael Widner downgraded shares of Annaly Capital Management (NYSE: NLY) from Buy to Hold in an intraday research note.

The lowered investment rating follows Q4 results from Annaly Tuesday afternoon.

Annaly shares are down 3.3 percent to $16.56 at last check.

For an analyst ratings summary and ratings history on Annaly Capital Management click here. For more ratings news on Annaly Capital Management click here.

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