Wunderlich Securities Maintains Chimera Investment Hold, Lowers PT

Wunderlich Securities maintained its Chimera Investment CIM Hold rating and lowered its Chimera Investment price target from $3.75 to $3 in a research report published today. In the report, Wunderlich Securities states, "We believe the company will be challenged to maintain its earnings and dividends as home prices remain under pressure, and housing finance reform is designed, legislated, and eventually implemented." Shares of Chimera Investment were trading at $3.12 at the time of posting, up 0.32% from Monday's market close.