ARMOUR Residential REIT (ARR) Prices 65M Shares Offering
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Deutsche Bank Downgrades ARMOUR Residential (ARR) to Hold
February 15, 2013 7:39 AM ESTDeutsche Bank downgraded ARMOUR Residential (NYSE: ARR) from Buy to Hold with a price target of $6.75 (from $8.30).
The firm comments, "On February 13, ARR reported an estimated current BVPS range of $6.70 and $6.76, down 13% from the last reported BVPS of $7.77 at 9/30. Given the book... More
