Keefe, Bruyette & Woods Downgrades PennyMac Mortgage IT to Market Perform, Lowers Price Target to $12

PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust

PMT

0.00

Keefe, Bruyette & Woods analyst Bose George downgrades PennyMac Mortgage IT (NYSE: PMT) from Outperform to Market Perform and lowers the price target from $13.5 to $12.