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Stock Market & Financial Investment News

News Breaks
January 7, 2013
13:47 EDTNSMNationstar price target range raised to $48-$54 from $30-$33 at Wells Fargo
Wells Fargo raised its estimates and price target range for Nationstar following the company's acquisition of $215B in residential MSRs from Bank of America. Wells notes the deal will more than double Nationstar's customer base from 1.2M to over 2.5M. The firm keeps an Outperform rating on the stock.
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