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Fly News Breaks for October 24, 2018
CIM
Oct 24, 2018 | 07:01 EDT
Deutsche Bank analyst George Bahamondes upgraded Chimera to Buy while lowering his price target for the shares to $18.50 from $19. With the 10-year yield "firmly" above the 3% threshold, the analyst continues to prefer commercial real estate names over agency mortgaged backed security names.
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