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Stock Market & Financial Investment News

News Breaks
May 23, 2014
16:06 EDTCYSCYS Investments files automatic mixed securities shelf
News For CYS From The Last 14 Days
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June 17, 2015
10:00 EDTCYSOn The Fly: Analyst Downgrade Summary
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08:15 EDTCYSCYS Investments downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded CYS Investments to Underperform from Neutral and lowered its price target to $7.50 from $8.50. The firm said the operating backdrop for mREITs remains challenging and is increasingly concerned higher rates, widening spreads, and increased volatility will pressure shares. BofA/Merrill expects a flatter yield curve to reduce earnings power long-term, ultimately leading to potential dividend cuts.

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