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Fly News Breaks for October 26, 2015
AF
Oct 26, 2015 | 06:51 EDT
Piper Jaffray analyst Matthew Kelley downgraded Astoria Financial to Neutral saying the stock now trades above fundamental fair value following the recent rally. He believes potential for a sale is high over the next 6-12 months and puts the company's terminal value range at $17-$19 per share. He keeps a $17 price target for the name.
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