, Tracking Stock Market Picks
Enter Symbol:
Annaly Capital Management Inc (NLY) [hlAlert]

down 37.55 %

Annaly Capital Management Inc (NLY) rated Outperform with price target $21 by Friedman Billings

Posted on: Tuesday,  Mar 11, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Annaly Capital Management Inc (NYSE: NLY) on 03/11/2008. Previously Friedman Billings rated Buy Annaly Capital Management Inc (NYSE: NLY)
on 09/19/2007., when the stock price was $16.35. Since then, Annaly Capital Management Inc has lost 37.55% as of 01/15/2016's recent price of $10.21.
If you would have followed the previous Friedman Billings's recommendation on NLY, you would have lost 37.55% of your investment in 3040 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2008 8:25 AM Buy
16.20 21.00
as of 12/24/2008
1 Week down  -0.07 %
1 Month down  -2.17 %
3 Months down  -6.00 %
1 YTD down  -18.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2007 9:25 AM Buy
15.97 20.00
9/19/2007 3:25 PM Buy
16.35 17.50

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy