- Alongside its upgrade of ZAIS Financial, Barclays downgrades Armour Residential (ARR -3.9%) to Underweight from Equal Weight. The price target is cut to $19 from $23 (current price is $18.81).
- A perennial underperformer, Armour trades at a 35% discount to Sept. 30 book value.
- Previously: Barclays buys the dip in ZAIS Financial (Feb. 1)
Armour Residential downgraded at Barclays
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About ARR Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| ARR | - | - |
| ARMOUR Residential REIT, Inc. | ||