Wells Fargo lowered the firm’s price target on AGNC Investment (AGNC) to $10 from $11 and keeps an Overweight rating on the shares after the company reported Q1 core EPS of 44c, which was higher than the firm’s 35c estimate and consensus at 41c. Following the report, the firm is raising its 2025, 2026 and 2027 EPS estimates on higher run-rate earnings, but trimming its target on a less certain interest rate backdrop.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AGNC:
- AGNC Investment price target lowered to $9.50 from $10.25 at JonesResearch
- AGNC Investment reports Q1 EPS 44c, consensus 41c
- AGNC Investment Corp. options imply 2.9% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, April 21, 2025
- Options Volatility and Implied Earnings Moves This Week, April 21 – April 25, 2025