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Enter Symbol:
Rating: AGM
Buy $41

Federal Agricultural Mortgage Corporation (NYSE: AGM) rated to Buy with price target $41 by Compass Point

Wednesday,  May 2, 2012  8:25 AM ET by Lynn Gilbert

Compass Point rated Federal Agricultural
Mortgage Corporation (NYSE: AGM) to Buy with price target $41.

Federal Agricultural Mortgage Corporation (Farmer Mac) is a stockholder-owned instrumentality of the United States that was created to establish a secondary market for agricultural real estate and rural housing mortgage loans and to increase the availability of long-term credit at stable interest rates to American farmers, ranchers and rural homeowners. Farmer Mac conducts these activities through three programs: Farmer Mac I, Farmer Mac II and Rural Utilities. Farmer Mac?s two principal sources of revenue are fees received in connection with outstanding Farmer Mac Guaranteed Securities and long-term standby purchase commitments (LTSPCs) and net interest income earned on its portfolio of Farmer Mac Guaranteed Securities, mortgage loans and investments.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.

Latest Federal Agricultural Mortgage Corporation recommendations:
Federal Agricultural Mortgage Corporation (NYSE: AGM) rated to Buy with price target $40 by Sidoti


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