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UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Western Asset Mortgage Capital Corp.

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UPDATE: Wunderlich Securities Reiterates On Western Asset Mortgage Capital On Lowering Estimates on Flatter Yield Curve
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In a report published Monday, Jefferies & Company reiterated its Buy rating on Western Asset Mortgage Capital Corp. (NYSE: WMC), but lowered its price target from $24.00 to $21.00.

Jefferies noted, “Core earnings beat both the Street and JEFe and net interest spread as well as prepayments were the best in the comp group.”

Western Asset Mortgage Capital Corp. closed on Friday at $20.49.

Latest Ratings for wmc

Nov 2014WunderlichMaintainsHold
Oct 2014Wells FargoInitiates Coverage onMarket Perform
Aug 2014CitigroupMaintainsNeutral

View More Analyst Ratings for wmc
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings


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