Zacks Investment Research upgraded shares of PENNYMAC FIN SV (PFSI) from NEUTRAL to OUTPERFORM on January 02, 2014, with a target price of $18.50.
PennyMac Financial Services, Inc. provides financial services primarily in the United States. The Company conducts its business in two segments: mortgage banking and investment management. Mortgage banking segment offers correspondent and retail lending businesses and loan servicing business. Investment management segment offers investment advisory and investment management services. PennyMac Financial Services, Inc. is headquartered in Moorpark, California.
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