UPDATE: Deutsche Bank Lowers PT on Ellington Financial LLC on Diluted BVPS

In a report published Friday, Deutsche Bank reiterated its Buy rating on Ellington Financial LLC (NYSE: EFC ), but lowered its price target from $28.25 to $27.00. Deutsche Bank noted, “Diluted BVPS at $24.52 as of Feb 28; Down 4.6% since Jan 31 Ellington reported diluted BVPS of $24.52 as