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Anworth Mortgage (ANH) is downgraded to Neutral from Buy at B. Riley, which also cuts its price...

Anworth Mortgage (ANH) is downgraded to Neutral from Buy at B. Riley, which also cuts its price target to $7 (current price $6.93). The analyst says the flat yield curve and higher prepayment speeds are going to hurt earnings. Shares -3% premarket.
Comments (1)
  • Its hard to decide if its worth waiting for the 10% dividend, which may change if it is not supported by earnings or move on to a stock that pays less dividends and has more earnings potential. Anyone have any suggestions?
    5 Jul 2012, 10:03 AM Reply Like
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