PennyMac Financial (PFSI) Shares Rally 2.24% After Analyst Upgrade

Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 8:05 pm ET1min read
PFSI--

PennyMac Financial (PFSI) shares rose by 2.24% today, marking a significant rebound after hitting its lowest level since May 2024, with an intraday decline of 6.08%.

PennyMac Financial's stock price has been influenced by recent analyst actions. On April 8, 2025, KBW raised its rating on PennyMac, citing upside potential following a sell-off. This move suggests a positive outlook from analysts, who believe the stock has the potential for upward movement after a period of decline. This positive sentiment from analysts is likely to have contributed to the recent rebound in the stock price.

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