Wunderlich Securities Reiterates Hold and PT of $3.75 on Chimera Investment Corporation

Wunderlich Securities reiterated its Hold rating on Chimera Investment Corporation CIM. At the same time, Wunderlich left its price target on the company's stock unchanged at $3.75. In a research report published today, Wunderlich states, "We maintain our Hold rating on the shares of Chimera Investment Corp. (CIM). We believe the company will be challenged to maintain its earnings and dividends as market conditions are slow to evolve, and housing finance reform is designed, legislated, and eventually implemented." On Tuesday, Chimera lost 0.80% of its value to close the day at $3.70.