Bank of America Downgrades Dynex Capital To Underperform

Bank of America downgraded

from Neutral to Underperform. The price target for Dynex Capital has been lowered from $8.00 to $7.00. Dynex Capital shares have dropped 9.22 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period. Dynex Capital shares fell 0.06 percent to close at $7.78 yesterday.