- Compass Point upgrades Western Asset Mortgage (WMC) to Buy with $17.50 price target.
- Shares +2.5% premarket, but it's likely more about Summers withdrawing from the Fed chairman's race. NLY, AGNC, ARR, IVR, and TWO are all up more than 2% in early action.
- Earlier: Compass point initiates coverage on several non-agency mREIT names, starting them all at Buy.
- Related ETFs: REM, MORT, MORL.
Mortgage REITs on the move as Summers pulls out of Fed running
From other sites
at Nasdaq.com (Dec 19, 2014)
at Nasdaq.com (Nov 18, 2014)
at MarketWatch.com (May 31, 2014)
at MarketWatch.com (Oct 4, 2012)
at MarketWatch.com (Sep 21, 2012)
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