Wunderlich Securities maintained its MFA Financial MFA Hold rating and lowered its MFA Financial price target from $8.25 to $7.50 in a research report published today.
In the report, Wunderlich Securities states, "While we respect that value could be created in the future based on their low cost basis and significant credit protections in non-agency bonds, we believe MFA's near-term returns could continue to lag those of other mortgage REITs."
Shares of MFA Financial were trading at $7.45 at the time of posting, down 1.46% from Tuesday's market close.
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