Bank of America Reiterates Buy on Hatteras Financial, Reduces PT to $30

Bank of America reiterated its Buy rating on Hatteras Financial HTS. At the same time, the rating agency reduced its price target on the company's stock from $32 to $30. On Tuesday, HTS lost 0.11% of its value to finish the day at $28.48. Its shares added 0.25% to their value in today's pre-market trading to stand around $28.55.