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Fly News Breaks for September 1, 2015
JGW
Sep 1, 2015 | 08:43 EDT
JMP Securities cut its price target on JG Wentworth after the company reported much lower than expected Q2 EPS. The firm is cautious about the company's outlook, but it thinks that the stock, trading at about 0.75 book value, is undervalued. It keeps an Outperform rating on the shares.
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