UPDATE: MLV & Co Initiates Coverage on ARMOUR Residential REIT with Buy Rating on Compelling Value
September 17, 2013 at 09:25 AM EDT
In a report published Tuesday, MLV & Co analyst Richard Eckert initiated coverage on ARMOUR Residential REIT (NYSE: ARR ) with a Buy rating and $5.00 price target. In the report, MLV & Co noted, “We are initiating coverage of ARR with a Buy rating and $5 price target. Currently