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Nomura Upgrades Redwood Trust To Buy, Cites Changing Times Over Last 6 Months
Wednesday, May 18, 2016 - 10:49am | 284Read More...Nomura’s Brock Vandervliet believes Redwood Trust, Inc. (NYSE: RWT) has reestablished its leadership position in the non-agency mortgage market. The analyst upgraded the rating on the company from Neutral to Buy, while raising the price target from $14 to $16. “At that time, Jumbo...
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3 Catalysts That Should Drive Invesco Mortgage Higher
Wednesday, May 18, 2016 - 10:35am | 240Read More...With the Risk Retention rule scheduled to be fully implemented in December 2016, Nomura’s Brock Vandervliet believes Invesco Mortgage Capital Inc (NYSE: IVR) is well positioned “as a CMBS issuer/sponsor and buyer of the equity tranche of third-party securitizations.” Vandervliet...
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Armour Residential Hit By Nomura Downgrade, Firm Says Performance Shows How Risky mREITs Can Be
Wednesday, February 24, 2016 - 10:52am | 188Read More...Nomura's Brock Vandervliet has downgraded the rating on ARMOUR Residential REIT, Inc. (NYSE: ARR) from Neutral to Reduce, while lowering the price target from $23 to $16. "ARR's performance demonstrates a central risk of the mortgage REIT structure," Vandervliet said, while...
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Why Nomura Likes Annaly & American Capital Agency Right Now
Wednesday, August 12, 2015 - 7:32pm | 972Read More...Interest rate concerns appear to be overblown and already baked into the share prices for these two residential agency mREITs. On August 12, Nomura analyst Brock Vandervliet published a research report upgrading both Annaly Capital Management, Inc. (NYSE: NLY) and American Capital Agency Corp....
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Calls Of Note: The Research Moving The Market On Wednesday
Wednesday, August 12, 2015 - 10:56am | 1342Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Upgrading Google To Overweight Brian Nowak of Morgan Stanley upgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ:...
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Nomura Discusses Little-Known 'Critical' Metric To Watch After American Capital Agency Earnings Beat
Wednesday, February 4, 2015 - 2:00pm | 242Read More...In a report issued Wednesday morning, Nomura analyst Brock Vandervliet took a look at American Capital Agency Corp. (NASDAQ: AGNC) following its recent earnings beat. The firm issued a Neutral rating and a $21 price target for the stock. Rather than using GAAP EPS, Nomura employs a company-...
