PennyMac Financial boosted at Jefferies


Action continues to swirl around PennyMac Financial Services (PFSI), where Jefferies upgrades to a Buy with $20 price target on the team's expectation the company stands to benefit as mortgage reform pushes business away from the GSEs.

Previously: PFSI dips sharply after a large holder sells out, Wells Fargo says buy the dip, and Leon Cooperman adds to his stake.

Comments (1)
  • topbeancounter
    , contributor
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    Follow Leon Cooperman! That guy is one smart puppy...
    1 Apr 2014, 09:58 AM Reply Like
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