UPDATE: Bank of America Merrill Lynch Upgrades Invesco Mortgage Capital to Buy, Raises PT
January 23, 2013 at 13:41 PM EST
In a report published Wednesday, Bank of America Merrill Lynch upgraded its rating on Invesco Mortgage Capital (NYSE: IVR ) from Neutral to Buy, and raised its price target from $21.25 to $23.00. BofA Merrill Lynch noted, “We are upgrading Invesco Mortgage Capital (IVR) to a Buy rating from Neutral
