Annaly Capital Management (NLY) Declares $0.30 Quarterly Dividend; 11.7% Yield

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Go back to Annaly Capital Management (NLY) Declares $0.30 Quarterly Dividend; 11.7% Yield

Compass Point Downgrades Annaly Capital (NLY) and CYS Investments (CYS) to Neutral

March 14, 2016 7:56 AM EDT

Compass Point downgraded Annaly Capital Management (NYSE: NLY) and CYS Investments (NYSE: CYS) from Buy to Neutral with price targets of $11 and $9, respectively.

Analyst Lucy Webster commented, "With shares trading at 89% and 86% of book, respectively,... More