UPDATE: Compass Point Initiates Coverage on Ellington Financial on Impressive Total Return
September 16, 2013 at 09:34 AM EDT
In a report published Monday, Compass Point analyst Jason Stewart initiated coverage on Ellington Financial LLC (NYSE: EFC ) with a Buy rating and $26.50 price target. In the report, Compass Point noted, “EFC is an externally managed specialty finance company with a broad investment mandate to invest in real