Key facts
- Citizens reiterated its stock rating on Pagaya.
- The decision was based on Pagaya's strong credit performance.
- Pagaya's sustained financial health and operational efficiency were cited.
Citizens has reiterated its existing stock rating for Pagaya. The firm's decision is based on the company's strong credit performance, which indicates sustained financial health and operational efficiency. This reiteration suggests that Citizens remains confident in Pagaya's current market position and business model.