Wedbush Reiterates "Neutral" Rating for PennyMac Mortgage Investment Trust (NYSE:PMT)

Wedbush reissued their neutral rating on shares of PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) in a research note issued to investors on Thursday morning, Benzinga reports. Wedbush currently has a $15.00 target price on the real estate investment trust's stock.Get PMT alerts:Several other brokerages have also issued reports on PMT. JMP Securities upped their price target on PennyMac Mortgage Investment Trust from $15.00 to $15.50 and gave the company a market outperform rating in a research note on Friday, July 19th. Piper Sandler cut their target price on PennyMac Mortgage Investment Trust from $15.00 to $14.50 and set a neutral rating on the stock in a research note on Wednesday. B. Riley restated a buy rating and issued a $16.00 price target on shares of PennyMac Mortgage Investment Trust in a report on Wednesday. Finally, Keefe, Bruyette & Woods upgraded PennyMac Mortgage Investment Trust from a market perform rating to an outperform rating and increased their price...