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PennyMac Financial Services shares are trading lower after the company reported worse-than-expected Q2 financial results. Also, multiple firms cut their respective price targets on the stock.
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BTIG Maintains Buy on PennyMac Financial Servs, Lowers Price Target to $90
BTIG analyst Douglas Harter maintains PennyMac Financial Servs (NYSE:PFSI) with a Buy and lowers the price target from $105 to $90.
Stephens & Co. Maintains Equal-Weight on PennyMac Financial Servs, Lowers Price Target to $78