Deutsche Bank Downgrades CreXus Investment Corp. (CXS) to Hold
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Price: $13.04 --0%
Rating Summary:
0 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
0 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank downgraded CreXus Investment Corp. (NYSE: CXS) from Buy to Hold with a price target of $12.50 (from $12.00) following today's proposed buyout.
"We do not expect any other bidders to emerge and expect CXS to accept Annaly's offer," the firm said.
For an analyst ratings summary and ratings history on CreXus Investment Corp. click here. For more ratings news on CreXus Investment Corp. click here.
Shares of CreXus Investment Corp. closed at $11.10 yesterday.
"We do not expect any other bidders to emerge and expect CXS to accept Annaly's offer," the firm said.
For an analyst ratings summary and ratings history on CreXus Investment Corp. click here. For more ratings news on CreXus Investment Corp. click here.
Shares of CreXus Investment Corp. closed at $11.10 yesterday.
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