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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:55 EDTPHHPHH Corp. upgraded at Oppenheimer
As noted earlier, Oppenheimer upgraded PHH Corp to Outperform from Perform. After the company completed the sale of its leasing business and provided standalone financials for its mortgage business, Oppenheimer thinks the company's underlying trends should improve going forward. The firm also believes that the shares have little downside risk, while the company should benefit from the strength of its brand. Target $30.
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