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Fly News Breaks for May 7, 2015
GNW
May 7, 2015 | 07:49 EDT
Macquarie downgraded Genworth two notches to Underperform from Outperform with a $7 price target. The firm no longer assumes the holding company will realize the value of the life and annuity businesses as its ability to move proceeds of the sale to the holdco will be limited.
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