PennyMac Mortgage Investment Trust's (PMT) Buy Rating Reaffirmed at B. Riley

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at B. Riley in a research report issued to clients and investors on Wednesday, Benzinga reports. They currently have a $16.00 price target on the real estate investment trust's stock. B. Riley's price objective suggests a potential upside of 20.12% from the stock's previous close.Get PMT alerts:Other analysts have also recently issued reports about the company. JMP Securities upped their target price on PennyMac Mortgage Investment Trust from $15.00 to $15.50 and gave the company a "market outperform" rating in a report on Friday, July 19th. Wedbush reaffirmed a "neutral" rating and issued a $15.00 price target on shares of PennyMac Mortgage Investment Trust in a research note on Monday, April 29th. Keefe, Bruyette & Woods raised PennyMac Mortgage Investment Trust from a "market perform" rating to an "outperform" rating and increased their target price for the stock...