JMP Securities analyst Trevor Cranston lowered the firm’s price target on Two Harbors (TWO) to $14 from $14.50 and keeps an Outperform rating on the shares. The price target update reflects the current interest rate and MBS spread environment, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TWO:
- Two Harbors price target lowered to $14.75 from $15.75 at Compass Point
- Two Harbors Appoints Travis Swenson as New CFO
- Two Harbors appoints Travis Swenson as CFO
- Two Harbors Investment Corp. Reports Q3 2024 Results
- Two Harbors Investment Corp.’s Financial Stability at Risk Due to Borrower Data Vulnerabilities