Fannie Mae-No Politics (FNMA)

[navycmdr]

Henry Coffey - what a total JOKE -

Henry Coffey, Wall Street Analyst at Wedbush,
specializes in the Financial sector ...

Ranked #4,904 out of 6,767

Analysts on TipRanks (#10,358 out of 14,244 ...

Fannie Mae price target is $0 as Wedbush initiates coverage

Jul. 22, 2020 7:48 AM ET| By: Stephen Alpher, SA News Editor

--- There's plenty of underlying enterprise value and room for
a sizable capital raise, but dilution to existing shareholders
is going to be "substantial," says analyst Henry Coffey.

--- While there might be some upside to the preferred stock,
there's not going to be anything left over for holders of
the common shares.

--- He starts coverage with an Underperform rating and
$0 price target.

OTCQB:FNMA closed last night at $2.09.