Fly News Breaks for March 5, 2015
ARI
Mar 5, 2015 | 08:35 EDT
FBR Capital recommends using any weakness in shares of Apollo Commercial Real Estate Finance following the company's 10M share offering as a buying opportunity. FBR views the equity raise as a sign of strength. It sees a favorable 2015 outlook for the company and notes the dividend yield on the name is 10%-plus. FBR keeps an Outperform rating on the stock with a $19 price target.
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