Nationstar Mortgage Holdngs (NSM) Reports Q1 GAAP Loss of $0.53/Share
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FBR Capital Downgrades Nationstar Mortgage (NSM) to Underperform
May 6, 2015 6:19 AM EDTFBR Capital downgraded Nationstar Mortgage (NYSE: NSM) from Market Perform to Underperform with a price target of $15.00 (from $25.00), citing an uncertain earnings outlook.
Analyst Paul Miller commented, "We downgrade shares of NSM to Underperform and lower our price target to $15 from $25, following the company's 1Q15... More
