MFA Financial price target raised to $11 from $10 at RBC Capital

RBC Capital raised the firm’s price target on MFA Financial (MFA) to $11 from $10 and keeps a Sector Perform rating on the shares after its Q4 results. The firm is gaining more visibility into MFA’s ROE expansion potential, though it continues to expect some near-term noise for MFA’s distributable EPS from credit loss realizations, the analyst tells investors in a research note.