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Fly News Breaks for August 23, 2016
RESI
Aug 23, 2016 | 06:39 EDT
As previously reported, Nomura upgraded Altisource Residential to Buy from Neutral and raised its price target to $15 from $11. Analyst Brock Vandervliet has a higher conviction core FFO will scale from 3c in Q2 to 9c in Q4 and to 35c in Q4 2017 and said shares are the least expensive under coverage.
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