Deutsche Bank Maintains Hold Rating On Capstead

Symbols: CMO
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According to Deutsche Bank, Capstead (NYSE: CMO) reported 2Q core earnings of $0.48 per share.

Deutsche Bank said that it expects Capstead to continue to benefit from low funding costs in 3Q. “Given the increase in book value, we are increasing our target to $13.75 per share. Maintain Hold.”

Capstead closed yesterday at $13.05.


 
 
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