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Fly News Breaks for January 20, 2016
RDN
Jan 20, 2016 | 06:34 EDT
Macquarie analyst Sean Dargan downgraded Radian Group to Neutral and lowered his price target to $12 from $16.50. Dargan is forecasting peak earnings in 2017 due to the constrained insurance market and higher credit losses. The analyst said Radian will have the lowest ROE of the group and the lowest earnings growth through 2018.
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