Federated Enhanced Treasury Income Fund (FTT) Earns “Buy” Rating from BMO Capital Markets

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BMO Capital Markets reissued their buy rating on shares of Federated Enhanced Treasury Income Fund (NYSE:FTT) in a research note released on Wednesday morning. They currently have a $34.00 target price on the investment management company’s stock.

A number of other research firms have also recently commented on FTT. Scotiabank reaffirmed an average rating and issued a $35.00 target price on shares of Federated Enhanced Treasury Income Fund in a research report on Wednesday, November 7th. TD Securities reaffirmed an average rating and issued a $31.00 target price on shares of Federated Enhanced Treasury Income Fund in a research report on Monday, January 7th. Finally, Raymond James reaffirmed a buy rating and issued a $35.00 target price on shares of Federated Enhanced Treasury Income Fund in a research report on Monday, December 17th.

Federated Enhanced Treasury Income Fund has a 1 year low of $12.81 and a 1 year high of $13.82.

About Federated Enhanced Treasury Income Fund

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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