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Rithm Capital price target raised to $13.50 from $12.50 at JonesResearch

JonesResearch raised the firm’s price target on Rithm Capital (RITM) to $13.50 from $12.50 and keeps a Buy rating on the shares. The company reported a Q2 beat with a book value gain, the analyst tells investors in a research note. The firm says Rithm reported another quarter of strong results across the enterprise.

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