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Fly News Breaks for January 27, 2020
CMO
Jan 27, 2020 | 06:31 EDT
BofA analyst Derek Hewett initiated coverage of Capstead Mortgage with a Neutral rating. The current low interest rate environment is challenging for mortgage real estate investment trusts, but Capstead's fundamentals are improving, Hewett tells investors in a research note. The analyst views the shares as fairly valued at current levels.
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