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Fly News Breaks for April 8, 2016
NSM
Apr 8, 2016 | 07:57 EDT
UBS lowered its price target on Nationstar to $17 from $33, citing weakening fundamentals by peers, slowing debt repurchases, and a lower multiple. UBS maintained its Buy rating on Nationstar shares, as the firm believes the industry should continue to take market share from depository institutions.
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