Impac Mortgage Holdings "buy," target price upped - 2004-02-03
Analysts at Roth Capital Partners maintained their "buy" rating on Impac Mortgage Holdings, while upping their estimates for the company. The target price has been raised to $21.70.
In a research note published this morning, the analysts mention that the company reported its Q403 EPS significantly ahead of the consensus and the estimates. The analysts express their optimism regarding the company’s 2004 performance, supported by a recovery in the economy.
Read the full story at New Ratings