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Fly News Breaks for August 21, 2017
RLGY
Aug 21, 2017 | 07:38 EDT
After traveling with Realogy's CEO and CFO, Piper analyst Jason S. Deleeuw,is upbeat about the company's "agent-centric strategy" that seeks to increase the number of agents it employs and raise their productivity. The analyst predicts that the strategy will increase the company's market share and EBITDA margins over time while causing its valuation multiple to rise significantly. He keeps a $40 price target and an Overweight rating on the shares.
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