UPDATE: Deutsche Bank Lowers PT on American Capital Agency Following 2Q Dividend Cut
June 19, 2013 at 09:48 AM EDT
In a report published Wednesday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on American Capital Agency (NASDAQ: AGNC ), but lowered the price target from $29.00 to $26.50. In the report, Deutsche Bank noted, “AGNC cuts 2Q dividend 20c to $1.05 per share - The 2Q dividend of $1.05