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Fly News Breaks for June 17, 2015
SPF, RYL
Jun 17, 2015 | 09:08 EDT
FBR Capital downgraded Standard Pacific (SPF) citing a "fair" valuation ahead of the merger with Ryland Group (RYL). FBR also raised its price target for Ryland to $48 from $41 to reflect the deal and keeps a Market Perform rating on the name.
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