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Keefe, Bruyette & Woods Downgrades PennyMac Mortgage IT to Market Perform, Lowers Price Target to $12

Benzinga·05/08/2026 10:54:41
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Keefe, Bruyette & Woods analyst Bose George downgrades PennyMac Mortgage IT (NYSE:PMT) from Outperform to Market Perform and lowers the price target from $13.5 to $12.