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Fly News Breaks for March 11, 2016
ZFC
Mar 11, 2016 | 08:37 EDT
As noted earlier, JMP Securities downgraded ZAIS to Market Perform from Outperform. The firm thinks the company will probably be either acquired or liquidated, but it thinks that the final valuation of the company's GMFS mortgage banking platform is uncertain and consequently views the stock as fairly valued.
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