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Annaly Capital Management Inc (NLY) [hlAlert]

Rating:
Neutral NLY

Annaly Capital Management Inc (NLY) rated Neutral by JP Morgan

Posted on: Monday,  Sep 17, 2012  8:25 AM ET by JP Morgan

Annaly Capital Management Inc
(NYSE: NLY) rated Neutral by JP Morgan.

Annaly Mortgage Management, Inc. specializes in investing in Mortgage-Backed Securities. Its principal business objective is to generate net income for distribution to stockholders from the spread between the interest income on its Mortgage-Backed Securities and the costs of borrowing to finance its acquisition of Mortgage-Backed Securities. The Company has elected to be taxed as a Real Estate Investment Trust and is self-advised and self-managed.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2012 8:25 AM Hold
None
17.30
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2010 8:25 AM Hold
None
18.30
6/11/2008 8:25 AM Hold
None
16.09

(*) Stock Price at the time of the recommendation.
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