Chimera Investment Shares Rise After Upgrade From UBS

MT Newswires Live

05-15

Chimera Investment (CIM) shares were up 3.3% in recent trading on Wednesday after UBS Securities upgraded its rating to buy from neutral.

The firm adjusted its price target on the company's stock to $15 from $11.50.

Trading volume stood at 603,543 shares against a daily average of 642,581.

Price: 13.46, Change: +0.43, Percent Change: +3.30

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