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Annaly Capital Management Inc (NLY) [hlAlert]

up 68.56 %

Annaly Capital Management Inc (NLY) rated Underweight with price target $15 by Piper Jaffray

Posted on: Friday,  Jan 8, 2010  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Underweight Annaly Capital Management Inc (NYSE: NLY) on 01/08/2010, when the stock price was $17.21.
Since then, Annaly Capital Management Inc has lost 40.67% as of 01/15/2016's recent price of $10.21.
If you would have followed this Piper Jaffray's recommendation on NLY, you would have gained 68.56% of your investment in 2198 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2010 8:25 AM Sell
17.21 15.00
as of 12/31/2010
1 Week up  1.17 %
1 Month up  3.02 %
3 Months down  -0.22 %
1 YTD down  -2.49 %

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