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Fly News Breaks for December 13, 2016
WAC
Dec 13, 2016 | 05:35 EDT
Keefe Bruyette analyst Bose George downgraded Walter Investment to Underperform from Market Perform citing valuation following the recent share rally. The analyst believes Walter's longer term earnings outlook remains challenging. He raised his price target for the shares to $5 from $3.
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