UPDATE: Citigroup Raises PT on American Capital Agency Following 2Q Results
July 31, 2013 at 10:46 AM EDT
In a report published Wednesday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on American Capital Agency (NASDAQ: AGNC ), and raised the price target from $20.00 to $22.00. In the report, Citigroup noted, “Including a $0.14 benefit due to catch-up premium amortization and $0.49 of estimated earnings from their TBA
