PennyMac Financial Services, Inc. Reports Second Quarter 2024 Results and Increases Quarterly Dividend

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Go back to PennyMac Financial Services, Inc. Reports Second Quarter 2024 Results and Increases Quarterly Dividend

PennyMac Financial (PFSI) PT Raised to $115 at BTIG

July 24, 2024 4:09 PM EDT

BTIG analyst Eric Hagen raised the price target on PennyMac Financial (NYSE: PFSI) to $115.00 (from $105.00) while maintaining a Buy rating.

The analyst comments "Bottom Line: We're raising the price target to $115/share from $105, or 10x forward earnings, reflecting +15% total return from here, including... More