B. Riley lowered the firm’s price target on Great Ajax (AJX) to $6 from $8 and keeps a Buy rating on the shares. The price target change reflects the company’s update and the proposed management agreement with Rithm Capital (RITM).
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AJX: