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Fly News Breaks for December 16, 2015
NSM
Dec 16, 2015 | 09:09 EDT
Morgan Stanley analyst Cheryl Pate downgraded Nationstar to Underweight and lowered her price target to $12 from $19 on shares. The analyst is more cautious on origination volumes and 2016 profitability and sees uncertainty surrounding Xome following the departure of the CEO last month.
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