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0.00110192837465565 0.00110192837465565 -0.000314836678472979 0.00110192837465565 0.00314836678473047 0.000550964187327882 -0.00102321920503735 -0.000787091696182561
Stock impact report

Why PennyMac Financial Services (PFSI) Stock Is Up Today [Yahoo! Finance]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Yahoo! Finance
Jefferies initiated coverage of PennyMac Financial with a price target of $160, highlighting the company's potential for consistent earnings growth. Separately, Keefe, Bruyette & Woods raised its price target to $143 from $138, while keeping its "Market Perform" rating. The stock's climb was also supported by a favorable economic environment, as decreased inflation and falling Treasury yields pointed to downward pressure on interest rates. This backdrop is generally positive for mortgage companies. Amid the news, the company's stock marked a significant milestone, reaching an all-time high. After the initial pop the shares cooled down to $134.56, up 1.6% from previous close. Is now the time to buy PennyMac Financial Services? Access our full analysis report here PennyMac Financial Services's shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it mig Show less Read more
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