Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Federated Enhanced Treasury Income Fund (FTT) Share Price
News stories about Federated Enhanced Treasury Income Fund (NYSE:FTT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Federated Enhanced Treasury Income Fund earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 47.0093376156062 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, Canaccord Genuity reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Federated Enhanced Treasury Income Fund in a research note on Wednesday, October 18th.
Federated Enhanced Treasury Income Fund (NYSE FTT) remained flat at $$13.61 during trading hours on Friday. Federated Enhanced Treasury Income Fund has a 52 week low of $12.81 and a 52 week high of $13.82.
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Federated Enhanced Treasury Income Fund Company Profile
Federated Premier Intermediate Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund’s portfolio of investments include various sectors namely transportation, special tax, hospital, education, public power, senior care, water and sewer, general obligation-local, industrial development bond/pollution control revenue and general obligation-state.
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