JMP Securities Adjusts MFA Financial's Price Target to $11.00, Maintains Market Outperform Rating.

JMP Securities has maintained its "Market Outperform" rating for MFA Financial (MFA) but lowered its price target from $12.00 to $11.00, a -8.33% change. Analyst Mikhail Goberman made the adjustment, suggesting a reassessment of the company's financial outlook or market conditions affecting MFA. The average target price for MFA is $11.20, with a high estimate of $14.00 and a low estimate of $10.00, indicating a 20.17% upside from the current price of $9.32. The brokerage recommendation is currently 2.6, indicating a "Hold" status.

JMP Securities has maintained its "Market Outperform" rating for MFA Financial (MFA), but has adjusted its price target downward from USD 12.00 to USD 11.00. This represents a change of -8.33%, as noted by analyst Mikhail Goberman [1]. The adjustment suggests a reassessment of the company's financial outlook or market conditions affecting MFA.

The average target price for MFA, based on analyst forecasts, is USD 11.20, with a high estimate of USD 14.00 and a low estimate of USD 10.00. This indicates an upside of 20.17% from the current price of USD 9.32 [2]. The brokerage recommendation for MFA stands at 2.6, indicating a "Hold" status.

MFA Financial, listed on the NYSE, continues to attract attention from investors and analysts. The company's performance in the financial sector has been closely watched, with JMP Securities and other firms maintaining a positive outlook.

Analysts have issued various ratings for MFA in recent months. JMP Securities, Keefe, Bruyette & Woods, and Citizens Capital Markets have all given "Market Outperform" or "Outperform" ratings [2]. These ratings reflect a consensus that MFA has the potential to outperform the market.

Institutional investors have also shown interest in MFA. In the most recent quarter, 98 institutional investors added shares to their portfolios, while 80 decreased their positions [2]. Notable moves include Wellington Management Group LLP reducing its holdings by 48.7% and Vaughan Nelson Investment Management, L.P. increasing its holdings by 18.6% [2].

The adjustment in price target and the continued "Market Outperform" rating reflect a balanced view of MFA's prospects. Investors should closely monitor the company's financial performance and market conditions to make informed decisions.

References:
[1] https://www.gurufocus.com/news/2984648/mfa-jmp-securities-adjusts-price-target-maintains-market-outperform-rating-mfa-stock-news
[2] https://www.nasdaq.com/articles/new-analyst-forecast-mfa-given-market-outperform-rating