Jefferies Has Buy On MFA Financial (NYSE: MFA)

Jefferies & Co. has a Buy rating and a $9 price target on shares of MFA Financial MFA. In a note to clients, Jefferies writes, "With a solid track record, seasoned management team, and an attractive book of non-Agency RMBS, we see MFA as a balanced play for the current economic environment. We expect the company's non-Agency book and recent re-REMIC transaction to drive out-performance compared to pure-play Agency REITs." Shares of MFA are down 4 cents to $8.28, a loss of nearly 0.5%.