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Fly News Breaks for February 10, 2016
MCC
Feb 10, 2016 | 07:09 EDT
FBR Capital analyst Christopher Nolan downgraded Medley Capital to Market Perform saying he no longer thinks the dividend is secure after asset quality deterioration accelerated in the quarter. Nolan cut his price target for the shares to $8.50 from $11 after Medley's Q1 results. Shares were also downgraded this morning at Jefferies and Citi.
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