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Fly News Breaks for November 3, 2016
FNHC
Nov 3, 2016 | 08:23 EDT
As previously reported, Janney Capital analyst Ryan Byrnes downgraded Federated National to Neutral from Buy, citing the company's disappointing earnings report, its sharp rise in expenses, challenges in the Florida homeowners market and his belief that earnings estimates will likely decrease "materially" from here.
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