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Morgan Stanley Reaffirms Their Hold Rating on Finance of America Companies (FOA)

In a report released today, James Faucette from Morgan Stanley maintained a Hold rating on Finance of America Companies (FOAResearch Report), with a price target of $2.00. The company’s shares closed last Friday at $1.69.

According to TipRanks, Faucette is a 5-star analyst with an average return of 11.5% and a 71.25% success rate. Faucette covers the Technology sector, focusing on stocks such as Upstart Holdings, Accenture, and Cognizant.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Finance of America Companies with a $3.25 average price target.

See the top stocks recommended by analysts >>

FOA market cap is currently $422.9M and has a P/E ratio of -0.22.

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Replay Acquisition Corp. is a blank check company, which formed for a purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Edmond M. Safra, Gregorio Werthein, and Gerardo Werthein on November 6, 2018 and is headquartered in New York, NY.

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