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Fly News Breaks for February 6, 2018
CLGX
Feb 6, 2018 | 09:22 EDT
As previously reported, Compass Point downgraded CoreLogic to Sell from Neutral and cut its price target to $43 from $49. Analyst Chris Gamaitoni said CoreLogic is the most sensitive to declining volume in as mortgage insurance and mortgage technology coverage. Further, with consumer confidence flat year-over-year and interest rates rising, Gamaitoni estimates the company cold miss 2019 estimates by 11.4%, making risk/reward "poor."
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