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PennyMac Financial price target raised to $138 from $129 at Keefe Bruyette

Keefe Bruyette analyst Bose George raised the firm’s price target on PennyMac Financial (PFSI) to $138 from $129 and keeps a Market Perform rating on the shares. The firm upped estimates post the Q3 report to reflect the company’s improved operating return on equity guidance.

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