PennyMac Mortgage raised to Outperform at KBW on ROE, improving returns (NYSE:PMT)
2024-07-10
phototechno/iStock via Getty Images Keefe, Bruyette & Woods upgraded PennyMac Mortgage Investment Trust (NYSE:PMT) shares to Outperform from Market Perform in a recent note on the expectation that return on equity will continue to increase should it keep deploying capital in mortgage servicing rights (MSRs). PMT gained 2.6% minutes afterContinue Reading