MFA Financial price target raised to $14.50 from $13 at Raymond James

Raymond James analyst Stephen Laws raised the firm’s price target on MFA Financial to $14.50 from $13 and keeps an Outperform rating on the shares. The firm expects MFA Financial to benefit from lower rates through increasing new investment opportunities, lower financing costs, and potential to recover the discount to par on securities investments, the analyst tells investors in a research note.