UPDATE: Credit Suisse Initiates Coverage on New York Mortgage Trust On Good Market Position

In a report published Monday, Credit Suisse analyst Douglas Harter initiated coverage on New York Mortgage Trust (NASDAQ: NYMT ) with a Neutral rating and $7.50 price target. In the report, Credit Suisse noted, “We are initiating on New York Mortgage Trust with a Neutral rating and a $7.50 target