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UPDATE: Compass Point Starts Coverage on New Media Investment
Friday, March 7, 2014 - 12:46pm | 152Read More...In a report released Friday, Compass Point analyst Jason Stewart announces initiation of coverage on New Media Investment (NYSE: NEWM) with a Buy rating and price target of $18. Stewart explains the initiation, "We view shares of NEWM as an opportunity to invest in a viable business strategy with...
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UPDATE: Compass Point Reiterates on Meadowbrook Insurance Group as Market Reservation is Likely Following Another Reserve Charge
Thursday, February 20, 2014 - 9:25am | 232Read More...In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on Meadowbrook Insurance Group (NYSE: MIG), but lowered the price target from $8.00 to $6.50. In the report, Compass Point noted, “Following the second largest reserve charge over nine straight...
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UPDATE: Compass Point Reiterates on Corinthian Colleges on Recent Unfavorable Developments
Thursday, February 6, 2014 - 8:53am | 140Read More...In a report published Thursday, Compass Point analyst Michael Tarkan reiterated a Sell rating on Corinthian Colleges (NASDAQ: COCO), but lowered the price target from $1.50 to $1.00. In the report, Compass Point noted, “We are maintaining our Sell rating and lowering our price target on COCO...
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UPDATE: Compass Point Upgrades E*Trade Financial
Friday, January 24, 2014 - 8:52am | 169Read More...In a report published Friday, Compass Point analyst Michael Tarkan upgraded E*Trade Financial (NASDAQ: ETFC) to Buy from Neutral, raising price target to $25.00 from $16.00. According to the report, the upgrade follows the company's reported 4Q13 earnings, highlighted by strong core brokerage...
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UPDATE: Compass Point Upgrades Apollo Education
Wednesday, January 8, 2014 - 12:06pm | 299Read More...In a report published Wednesday, Compass Point analyst Michael Tarken upgraded Apollo Education Group (NASDAQ: APOL) from Sell to Neutral, raising its price target to $30.00 from $20.00. According to the report, the upgrade and price target rise followed APOL posting a second consecutive...
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UPDATE: Compass Point Downgrades KKR Financial
Wednesday, January 8, 2014 - 10:17am | 245Read More...In a report published Wednesday, Compass Point analyst Jason Stewart downgraded KKR Financial (NYSE: KFN) to Neutral from Buy, raising its price target from $12.00 to $12.50. According to the report, the price target raise represents a modest discount to the purchase price based on KKR's closing...
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Compass Point Reiterates on Gramercy Property Trust, Raises PT
Tuesday, December 31, 2013 - 11:01am | 167Read More...In a report published Tuesday, Compass Point analyst Ryan Gilbert reiterated a Buy on Gramercy Property Trust (NYSE: GPT), raising its price target from $6.50 to $7.50. According to the report, On Dec. 20 GPT announced it extended its asset management agreement with KBS to Dec. 31, 2016 with a one...
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Compass Point Anticipates Slightly Higher Order Growth for Lennar
Monday, December 23, 2013 - 10:57am | 169Read More...In a report published Monday, Compass Point analyst Wilkes Graham reiterated a Neutral rating and $34.50 price target on Lennar (NYSE: LEN). In the report, Compass Point noted, “We are maintaining our Neutral rating and $34.50 PT. LEN had a solid fourth quarter beating both our estimate and the...
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Compass Point Expects Uncertainty on KB Homes Following Margin Miss
Monday, December 23, 2013 - 10:48am | 163Read More...In a report published Monday, Compass Point analyst Wilkes Graham reiterated a Sell rating and $14.00 price target on KB Home (NYSE: KBH). In the report, Compass Point noted, “We are reiterating our Sell rating and $14.00 PT. KBH reported a weak quarter characterized by lower than expected margins...
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UPDATE: Compass Point Initiates Coverage on NMI as Top Pick in Sector
Friday, December 20, 2013 - 9:59am | 204Read More...In a report published Friday, Compass Point analyst Jason Stewart initiated coverage on NMI (NASDAQ: NMIH) with a Buy rating and $17.50 price target. In the report, Compass Point noted, “We initiate coverage of NMI Holdings (NASDAQ: NMIH) with a Buy rating and a $17.50 price target. Our outlook...
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UPDATE: Compass Point Initiates Coverage on Essent as Growth Outlook Remains Bright, but Valuation is Reflective
Friday, December 20, 2013 - 9:38am | 169Read More...In a report published Friday, Compass Point analyst Jason Stewart initiated coverage on Essent (NYSE: ESNT) with a Neutral rating and $24.00 price target. In the report, Compass Point noted, “We initiate coverage of Essent Group Ltd (NASDAQ: ESNT) with a Neutral rating and a $24 price target. Our...
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UPDATE: Compass Point Downgrades Tower Group International on One Step Forward, Two Steps Back
Wednesday, December 18, 2013 - 9:42am | 201Read More...In a report published Wednesday, Compass Point analyst Ken Billingsley downgraded the rating on Tower Group International (NASDAQ: TWGP) from Buy to Neutral, and lowered the price target from $5.25 to $5.00. In the report, Compass Point noted, “We are lower our rating to Neutral from Buy and our...
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Homebuilding Sector Getting Some Attention Amid Analyst Note, Upcoming Earnings Data
Tuesday, December 17, 2013 - 5:37pm | 426Read More...Investors in the Homebuilder group are digesting a number of news items Tuesday afternoon. In addition to a research note from a Compass Point analyst earlier, traders are reviewing data out of the NAHB. Later this week, the Street will get results from Lennar and data on housing starts on...
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UPDATE: Compass Point Upgrades NCR Following Acquisition of Digital Insights Corporation
Tuesday, December 3, 2013 - 11:54am | 233Read More...In a report published Tuesday, Compass Point analyst Douglas Greiner upgraded the rating on NCR Corporation (NYSE: NCR) from Neutral to Buy, and reiterated the $40.00 price target. In the report, Compass Point noted, “Yesterday NCR announced the acquisition of Digital Insights Corporation for $1....
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UPDATE: Compass Point Reiterates on Agree Realty on Model Update Following Equity Raise
Tuesday, November 26, 2013 - 10:07am | 153Read More...In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Agree Realty Corporation (NYSE: ADC), but lowered the price target from $36.00 to $35.00. In the report, Compass Point noted, “We are reiterating our Buy rating and lowering our price target to $35.00...

