Why Shares of Finance of America Companies Are Rising Today

·2-min read
Why Shares of Finance of America Companies Are Rising Today

Shares of the consumer lending company Finance of America Companies (NYSE: FOA) are trading more than 22% higher as of 11:55 a.m. EST after an analyst upgraded the stock. Analysts at Raymond James upgraded Finance of America from an outperform rating to strong buy, and they also boosted its price target for the company to $13.50 per share. Finance of America currently trades around $8.94 per share following the boost this morning.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting