Rithm Capital Corp (RITM)

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New Residential Investment Corp. (NYSE:NRZ) Earning Positive Media Coverage, Report Finds
Posted by Shayan Afkhami on Jul 6th, 2017

https://www.mideasttime.com/new-residential-investment-corp-nysenrz-earning-positive-media-coverage-report-finds/1835963.html

A number of research firms have issued reports on NRZ. Zacks Investment Research raised New Residential Investment Corp. from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Tuesday. BidaskClub lowered New Residential Investment Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Keefe, Bruyette & Woods set a $17.00 price target on New Residential Investment Corp. and gave the company a “buy” rating in a research report on Tuesday, June 6th. ValuEngine lowered New Residential Investment Corp. from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 30th. Finally, Wedbush lowered New Residential Investment Corp. from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $17.00 to $16.50 in a research report on Tuesday, June 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $16.62.

About New Residential Investment Corp.
New Residential Investment Corp. is a real estate investment trust (REIT). The Company focuses on investing in, and managing, investments related to residential real estate. The Company’s segments include investments in excess mortgage servicing rights (Excess MSRs); investments in mortgage servicing rights (MSRs); investments in servicer advances; investments in real estate securities; investments in residential mortgage loans; investments in consumer loans, and corporate.