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Fly News Breaks for February 27, 2020
Feb 27, 2020 | 07:11 EDT
Wells Fargo analyst William Warmington raised the firm's price target on CoreLogic to $55 from $50 and keeps an Overweight rating on the shares. The analyst notes that the company reported Q4 results modestly ahead of consensus, with strong U.S. mortgage market helped drive healthy revenue growth while favorable operating leverage, mix shift, and cost savings drove about 500bps of year over year adjusted EBITDA margin expansion.
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