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March 4, 2014
08:51 EDTHTHHilltop Holdings should be bought on any post-earnings decline, says Sterne Agee
After Hilltop Holdings reported Q4 earnings that Sterne Agee views as soft, the firm thinks the company's earnings power will be solid going forward, assuming that its mortgage bank returns to at least a break-even level going forward. The firm recommends that investors add to their positions in the name if the shares react negatively to the earnings announcement. It keeps a Buy rating on the stock.
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