Kenneth Bruce

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Neutral rating and $9.00 price target on Apollo Investment (NASDAQ: AINV). In the report, Bank of America noted, “AINV reported FYQ1'14 operating EPS of $0.25, above our $0.20 estimate and Street consensus at $0....

In a report published Monday, Bank of America analyst Kenneth Bruce initiated coverage on Hannon Armstrong (NYSE: HASI) with a Neutral rating and $12.75 price target. In the report, Bank of America noted, “We are initiating coverage on Hannon Armstrong (HASI) with a Neutral rating and...

In a report published Monday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on Ares Commercial Estate (NYSE: ACRE), but lowered the price target from $19.00 to $15.00. In the report, Bank of America noted, “Ares Commercial Real Estate issued 18M shares of common equity at $13.50...

In a report published Monday, Bank of America analyst Kenneth Bruce initiated coverage on Credit Acceptance (NASDAQ: CACC) with a Neutral rating and $121.00 price target. In the report, Bank of America noted, “We are initiating coverage on Credit Acceptance Corp. (CACC) with a Neutral rating...

In a report published Monday, Bank of America analyst Kenneth Bruce initiated coverage on Blackstone Mortgage Trust (NYSE: BXMT) with a Neutral rating and a $27 price objective. In the report, Bank of America cited, “our $27 price objective is based on a 1.10x multiple to our Q2’13 estimated BV...

In a report published on Tuesday, Bank of America analyst Kenneth Bruce initiated a Neutral rating on PennyMac Financial Services (NYSE: PFSI) and announced a $23.00 price objective for the company. In the report, Bank of America commented that, "We are initiating coverage on PFSI with a...