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Fly News Breaks for February 1, 2016
ZFC, ARR
Feb 1, 2016 | 05:46 EDT
Barclays analyst Mark DeVries downgraded ARMOUR Residential REIT to Underweight saying the stock looks the most expensive in the Mortgage REIT space. The analyst lowered his price target for the shares to $19 from $23. DeVries coupled the downgrade with an upgrade of ZAIS Financial (ZFC).