HomeStreet (HMST) Misses Q3 EPS by 17c
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FBR Capital Cuts Price Target on HomeStreet (HMST) Following 3Q Miss
October 28, 2015 7:57 AM EDTFBR Capital reiterated an Outperform rating on HomeStreet (NASDAQ: HMST), and cut the price target to $29.00 (from $32.00), following the company's 3Q15 earnings results. HMST reported 3Q15 GAAP EPS of $0.45, missing the Street at $0.55. Management remains focused on building out its traditional banking platform and strengthening its mortgage banking platform.
Analyst Paul Miller commented, "We are maintaining... More
