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Fly News Breaks for April 26, 2019
FNF
Apr 26, 2019 | 09:10 EDT
SunTrust analyst Mark Hughes raised his price target on Fidelity National to $45 and kept his Buy rating after its Q1 earnings beat, also raising his FY19 and FY20 EPS outlook by 5c to $2.75 and $2.90 respectively. The analyst cites the management's view of the housing market as "incrementally more positive" thanks to the "strong macro economy, rising supply of homes on the market, recent decline in mortgage rates, and the improvement in housing affordability."
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