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Fly News Breaks for December 19, 2016
CLGX
Dec 19, 2016 | 07:52 EDT
Oppenheimer analyst Glenn Greene remains optimistic regarding CoreLogic's longer term profitability trajectory after meeting with management, and believes the company has numerous levers to accelerate growth over time. Additionally, the analyst suspects the degree of VSG margin expansion will largely depend on share gains, and CoreLogic's ability to automate and drive appraisal process efficiency. He reiterates an Outperform rating and $45 price target on the shares.
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