B.Riley/FBR Upgrades Two Harbors Investment (TWO) to Buy
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Price: $12.04 +0.25%
Rating Summary:
4 Buy, 20 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
4 Buy, 20 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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B.Riley/FBR upgraded Two Harbors Investment (NYSE: TWO) from Neutral to Buy with a price target of $16.50 (from $20.00).
Analyst Jessica Levi-Ribner believes the company balanced strategy of coupling agency and non-agency RMBS with MSRs should protect book value through volatile interest rate environments and support a strong economic return.
For an analyst ratings summary and ratings history on Two Harbors Investment click here. For more ratings news on Two Harbors Investment click here.
Shares of Two Harbors Investment closed at $15.34 yesterday.
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