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Fly News Breaks for February 28, 2018
RLGY
Feb 28, 2018 | 07:03 EDT
Deutsche Bank analyst Kevin McVeigh expects shares of Realogy to be build yesterday's rally in the coming weeks and months. In a post-earnings research note titled "Buy non distressed at distressed value," the analyst maintains a Buy rating on the shares with a $35 price target. The analyst looks for "multiple positive 2018 catalysts", namely the Cartus restructuring, split normalization and new CEO, to drive upside to the shares.
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