Capstead lower after losing Buy rating at KBW

|About: Capstead Mortgage Corpor... (CMO)|By:, SA News Editor

KBW cashes in its chips on Capstead Mortgage (CMO), cutting the stock to Market Perform with $12.50 price target.

Capstead Wednesday night reported a big quarter, with higher interest margins, lower prepayments, and rising book value.

Earnings call transcript

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