Piper Sandler Maintains Overweight Rating on AGNC Investment (ANGC) Amid MBS Market Opportunities

AGNC Investment Corp. (NASDAQ:AGNC) ranks among the most undervalued REIT stocks to buy right now. Piper Sandler raised its price target for AGNC Investment Corp. (NASDAQ:AGNC) to $11 from $11 on January 15, while keeping an Overweight rating on the company’s stock. The boost reflects narrowing agency MBS spreads, which Piper Sandler believes will benefit AGNC’s forward tangible book values. Moreover, earlier in January, AGNC Investment Corp. (NASDAQ:AGNC) announced a number of financial and structural u ...