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Fly News Breaks for February 22, 2016
KW
Feb 22, 2016 | 08:25 EDT
JMP Securities expects Kennedy Wilson to report better than expected Q4 results, driven by recent asset sales and reduced financing costs. The firm notes that the stock is trading about 50% below its NAV estimate for the company. JMP keeps a $33 price target and Outperform rating on the shares.
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