Chimera Investment (CIM) Misses Q1 EPS by 4c

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Chimera Investment Corp (CIM) PT Raised to $19 at Deutsche Bank; 'Mortgage Credit Strategy Continues to Deliver'

May 7, 2018 6:00 AM EDT

Deutsche Bank raised its price target on Chimera Investment Corp (NYSE: CIM) to $19.00 (from $18.50) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst George Bahamondes notes an upbeat on outlook on the shares, despite CIM reporting first quarter earnings... More