Keefe, Bruyette & Woods Lowers PennyMac Mortgage Investment Trust (NYSE:PMT) Price Target to $15.00

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report) had its target price reduced by equities researchers at Keefe, Bruyette & Woods from $15.50 to $15.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' price target points to a potential upside of 10.62% from the stock's previous close.Get PMT alerts:A number of other equities analysts have also recently weighed in on PMT. JMP Securities upped their price target on PennyMac Mortgage Investment Trust from $15.00 to $15.50 and gave the stock a "market outperform" rating in a report on Friday, July 19th. Piper Sandler reduced their target price on PennyMac Mortgage Investment Trust from $15.00 to $14.50 and set a "neutral" rating for the company in a report on Wednesday. Wedbush reissued a "neutral" rating and set a $15.00 target price on shares of PennyMac Mortgage Investment Trust in a report on Th...