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

Related WMC
Moving Average Crossover Alert: Western Asset Mortgage Capital (WMC) - Tale of the Tape
Earnings Scheduled For March 7, 2014

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

DateFirmActionFromTo
Aug 2014CitigroupMaintainsNeutral
Aug 2014Deutsche BankMaintainsHold
May 2014JefferiesMaintainsHold

View More Analyst Ratings for wmc
View the Latest Analyst Ratings

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

 

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