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Fly News Breaks for February 24, 2017
CLGX
Feb 24, 2017 | 06:47 EDT
As previously reported, SunTrust upgraded CoreLogic to Buy from Hold and raised its price target to $46 from $38. Analyst Andrew Jeffrey has increased confidence in CoreLogic's pricing actions, including Trended Data and VSG appraisals that should contribute to organic revenue growth upside. Further, Jeffrey expects scale economies and operating efficiencies to drive significant margin expansion over the next three years and sees limited downside from lower refi activity.
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