Fannie Mae Shares Jump After Mizuho Upgrade, Backed by Strong Q1 Results
Fannie Mae's stock climbed nearly 8% in morning trading following Mizuho Securities' initiation of coverage with an Outperform rating and a $10.00 price target. The upgrade coincided with solid first-quarter 2026 financial results, while market debate continues over the timing and conditions for any exit from the long-standing conservatorship.