American Capital Agency Corp. (NASDAQ: AGNC) upgraded to Buy with price target $22 by Compass Point
Compass Point upgraded American Capital Agency Corp. (NASDAQ: AGNC) to Buy with price target
$22. Previously, Compass Point rated American Capital Agency Corp. (NASDAQ: AGNC) to Neutral with price target $24 on 03/24/2014, when the stock price was valued at $22.22.
American Capital Agency Corp.
(AGNC) is a real estate investment trust (REIT). AGNC earns income primarily from investing in single-family residential mortgage pass-through securities and collateralized mortgage obligations. These investments consist of securities, for which the principal and interest payments are guaranteed by United States Government-sponsored entities, such as the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). AGNC is externally managed by American Capital Agency Management, LLC, a subsidiary of a wholly owned portfolio company of American Capital.
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.