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Stock impact report

Why PennyMac Financial Services (PFSI) Stock Is Trading 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
their price targets for the mortgage lender, pointing to a more favorable industry outlook. Analysts noted that the mortgage environment had improved, helped by government support for housing affordability and the prospect of lower interest rates. Piper Sandler increased its price target on the stock to $168 from $146, while maintaining an Overweight rating. Following this positive view, other firms also adjusted their outlooks. Keefe, Bruyette & Woods raised its price target for the company to $138, Jefferies initiated coverage with a Buy rating and a $160 price target, and BTIG increased its target to $150. After the initial pop the shares cooled down to $157.78, up 4.7% from previous close. Is now the time to buy PennyMac Financial Services? Access our full analysis report here, it's free PennyMac Financial Services's shares are not very volatile and have only had 9 moves greater than 5% over the last year. In that context, today's move indicates the market considers this n Show less Read more
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