KBW Initiates Hatteras Financial (HTS) with an Outperform
More News related to HTS
- Hatteras Financial Corp. Announces Second Quarter 2008 Financial Results
- Hatteras Financial Corp. Announces Conference Call to Discuss Second Quarter 2008 Results
- Friedman Billings Initiates Coverage Hatteras Financial (HTS) with a Outperform
- Hatteras Financial Corp. Resale Registration Statement Declared Effective
- Hatteras Financial Corp. Declares Second Quarter 2008 Dividend of $0.75 per Share
Keefe, Bruyette & Woods initiates coverage on Hatteras Financial (NYSE: HTS) with an Outperform rating and a $29 price target.
The firm said, "We believe the company has numerous strengths including a business model with low costs and high transparency, a strong earnings outlook, and an attractive valuation. While concerns about rising interest rates have increased, we believe that the likelihood of rate increases is limited."
Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT).
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