UBS analyst Doug Harter raised the firm’s price target on New York Mortgage (NYMT) to $7.25 from $6.75 and keeps a Neutral rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NYMT:
- New York Mortgage Rebrands to Adamas Trust
- New York Mortgage announces corporate rebrand to Adamas Trust
- Seeking at Least 10% Dividend Payouts? Analysts Pick 2 Dividend Stocks to Buy
- New York Mortgage Issues $25M Senior Notes
- New York Mortgage Trust’s REIT Status at Risk: IRS May Challenge TBA Classification