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Fly News Breaks for April 29, 2015
NLY
Apr 29, 2015 | 08:19 EDT
As previously reported, UBS downgraded Annaly Capital to Sell from Neutral. The firm downgraded shares due to the more challenging operating environment, expectations for additional dividend cuts, and book value weakness through 2016. Price target lowered to $9 from $10.50.
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