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News Breaks | | | | February 22, 2013 | | 11:17 EDT |  | ELLI | Ellie Mae weakness creates buying opportunity, says Maxim
Although Maxim believes that recent updates to mortgage originations forecast by Fannie Mae and Freddie Mac are a modest negative for Ellie Mae, the firm still expects the latter company to beat revenue and EPS estimates. Maxim maintains a Buy rating on Elli Mae. | |
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