UPDATE: Credit Suisse Initiates Ellington Financial at Outperform on Multiple Positive Factors
May 28, 2013 at 11:14 AM EDT
In a report published Tuesday, Credit Suisse analyst Douglas Harter initiated coverage on Ellington Financial (NYSE: EFC ) with an Outperform rating and $26.50 price target. In the report, Credit Suisse noted, “We are initiating on Ellington Financial LLC (EFC) with an Outperform rating and a $26.50 target price. We