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Fly News Breaks for June 5, 2015
PHH
Jun 5, 2015 | 07:48 EDT
After the CFPB director issued his final order regarding the company's alleged Real Estate Settlements Procedures Act violations, Oppenheimer says that the 4.7% decline in the stock bakes in a worst-case scenario that it does not expect to materialize. The firm also notes that the company plans to appeal the order. Oppenheimer keeps a $30 price target and Outperform rating on the stock. .
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