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Fly News Breaks for January 20, 2016
NMFC
Jan 20, 2016 | 08:37 EDT
As reported previously, Baird upgraded New Mountain Finance to Outperform from Neutral. The firm cited its recent underperformance and low valuation. The firm does not believe its energy exposure is enough to warrant the recent decline. Baird lowered its price target to $13 from $15 on New Mountain Finance shares.
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