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Annaly Capital Management Inc (NLY) [hlAlert]

Rating:
Hold NLY

Annaly Capital Management Inc (NLY) rated Hold with price target $12.50 by Wunderlich

Posted on: Monday,  Aug 12, 2013  8:25 AM ET by Wunderlich

Wunderlich rated Hold Annaly Capital Management Inc (NYSE: NLY) on 08/12/2013. Previously Wunderlich rated Buy Annaly Capital Management Inc (NYSE: NLY) on
10/28/2010., when the stock price was $17.47. Since then, Annaly Capital Management Inc has lost 0.80% as of 08/03/2012's recent price of $17.33.
If you would have followed the previous Wunderlich's recommendation on NLY, you would have lost 0.8% of your investment in 645 days.

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.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2013 8:25 AM Hold
None
11.98 12.50
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2012 10:25 AM Hold
None
15.93 16.00
10/15/2012 11:25 AM Hold
None
15.64 14.50
8/3/2012 8:25 AM Hold
None
17.33 18.00
10/28/2010 8:25 AM Buy
None
17.47 18.00
7/8/2010 8:25 AM Buy
None
17.92 20.00

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