Piper Sandler Downgrades PennyMac Financial Servs to Neutral, Lowers Price Target to $86

PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc.

PFSI

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Piper Sandler analyst Crispin Love downgrades PennyMac Financial Servs (NYSE: PFSI) from Overweight to Neutral and lowers the price target from $106 to $86.