AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Annaly Capital Management (NLY) has experienced a 7% increase in share price over the past month and a 24% year-to-date gain, attracting income investors' attention. Despite this, the stock is trading slightly above analyst targets and showing a hefty intrinsic discount. The market is trading at $22.81 against a narrative fair value of $22.10, with a consensus price target of $21.02. However, sustained rate volatility and pressure on mortgage spreads could challenge the current valuation case.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet