Annaly Capital Management Inc (NYSE: NLY) upgraded to Buy with price target $11 by Compass Point
Compass Point upgraded Annaly Capital Management Inc (NYSE: NLY) to Buy with
price target $11. Previously Compass Point upgraded to Annaly Capital Management Inc (NYSE: NLY) to Neutral on 03/24/2014, when the stock price was $11.35.
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.
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.