Dynex Capital (DX) Reports Q1 EPS of $0.23

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Compass Point Downgrades Dynex Capital (DX) to Neutral

April 30, 2015 6:21 AM EDT

Compass Point downgraded Dynex Capital (NYSE: DX) from Buy to Neutral with a price target of $8.50 (from $10.00) saying the company's earnings power will remain muted.

Analyst Jason Stewart commented, "We downgrade our rating to Neutral and revise our price target to $8.50 from $10 on the shares of DX.... More