Scotiabank Reaffirms Average Rating for Federated Enhanced Treasury Income Fund (FTT)

Federated Enhanced Treasury Income Fund (NYSE:FTT)‘s stock had its “average” rating reissued by investment analysts at Scotiabank in a report released on Wednesday. They presently have a $35.00 price objective on the investment management company’s stock. Scotiabank’s price target indicates a potential upside of 157.16% from the stock’s previous close.

Shares of NYSE:FTT remained flat at $$13.61 on Wednesday. Federated Enhanced Treasury Income Fund has a twelve month low of $12.81 and a twelve month high of $13.82.

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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