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

|About: Anworth Mortgage Asset C... (ANH)|By:, SA News Editor

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.