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