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Fly News Breaks for October 27, 2016
ESNT
Oct 27, 2016 | 06:29 EDT
BofA/Merrill transferred coverage on Essent Group to Mihir Bhatia who downgraded shares to Underperform from Neutral while maintaining a $29 price target. The analyst sees limited upside given Essent's premium valuation to peers and lack of near-term earnings catalysts.
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