Wells Fargo Downgrades PennyMac Financial (PFSI) to Market Perform, See Shares Trading Range-Bound in NT
Wells Fargo downgraded PennyMac Financial (NYSE: PFSI) from Outperform to Market Perform with a price target of $21.00 (from $28.00).
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Shares of PennyMac Financial closed at $20.85 yesterday.