Piper Sandler lowered the firm’s price target on AG Mortgage (MITT) to $8.50 from $9 and keeps an Overweight rating on the shares following quarterly results. The firm notes the company also announced that it acquired an additional 21% ownership interest in Arc Home, a residential mortgage originator, bringing its total ownership to 66%.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MITT:
- AG Mortgage Investment Trust Reports Q2 2025 Results
- AG Mortgage Trust’s Mixed Earnings Call: Strategic Moves Amid Challenges
- AG Mortgage reports Q2 earnings available for distribution 18c, consensus 23c
- MITT Upcoming Earnings Report: What to Expect?
- AG Mortgage price target raised to $8.75 from $8 at UBS