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KBW Sticks to Their Sell Rating for Federal National Mortgage Association (FNMA)

Tipranks - Tipranks - Fri Jul 31, 5:58AM CDT

KBW analyst Bose George maintained a Sell rating on Federal National Mortgage Association today and set a price target of $6.25.

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According to TipRanks, George is a top 100 analyst with an average return of 14.3% and a 76.48% success rate. George covers the Financial sector, focusing on stocks such as NMI Holdings, First American Financial, and Radian Group.

Federal National Mortgage Association has an analyst consensus of Hold, with a price target consensus of $8.08.

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Based on Federal National Mortgage Association’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $40.81 billion and a net profit of $6 billion. In comparison, last year the company earned a revenue of $39.82 billion and had a net profit of $3.32 billion

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