Deutsche Bank Upgrades PennyMac Mortgage IT to Buy, Maintains Price Target to $12

Benzinga Newsdesk www.benzinga.com Neutral 65.7%

Neg 0% Neu 65.7% Pos 0%

Deutsche Bank analyst Mark Devries upgrades PennyMac Mortgage IT (NYSE:PMT) from Hold to Buy and maintains the price target from $12 to $12.