JonesResearch analyst Jason Weaver lowered the firm's price target on Dynex Capital to $14.75 from $15.25 and keeps a Buy rating on the shares following the Q1 report. The firm says spread volatility is bringing "near-term noise" but extends Dynex's runway for attractive asset deployment. While mortgage spreads widened in the back half of the quarter, Dynex's hedging portfolio performed well, As previously reported,
