Wells Fargo Initiates Western Asset Mortgage Capital At Market Perform

Analysts at Wells Fargo initiated coverage on Western Asset Mortgage Capital

with a Market Perform rating. Western Asset Mortgage Capital shares have declined 14.04% over the past 52 weeks, while the S&P 500 index has surged 7.46% in the same period. Western Asset Mortgage Capital's shares dropped 1.59% to close at $14.20 yesterday.