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Fly News Breaks for April 8, 2015
NLY
Apr 8, 2015 | 07:28 EDT
FBR Capital downgraded Annaly Capital to Underperform from Market Perform saying the company's earnings and dividend may be disproportionately at risk if short-term rates move higher. Underperform is FBR's lowest rating. It cut its price target for shares to $10 from $12.
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