Fannie Mae (FNMA)

[aslam1]

Keefe Bruyette & Woods
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Which Keefe Bruyette & Woods (KBW) analysis are you going to believe?

Months before the Government seized Fannie Mae and Freddie Mac, KBW upgraded their analysis to “Outperform” with a price target of $48 for Fan and $46 for Fred. KBW did not just keep their analysis to “Market Perform” they upgraded their analysis — right before the Government placed the companies into conservatorship.

Seems like they were off on their analysis in 2008

https://thetruthaboutfannieandfreddie.wordpress.com/2016/12/04/keefe-bruyette-woods/