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Realogy Holdings (RLGY) Reports Better-Than-Expected EBITDA Margins; Piper Jaffray Reiterates Overweight
November 6, 2015 9:51 AM ESTPiper Jaffray reiterated an Overweight rating on Realogy (NYSE: RLGY), and raised the price target to $56.00 (from $55.00), following the company's 3Q earnings call. RLGY posted better-than-expected adjusted EBITDA margins of 18.5% in the 3Q and raised its 15 margin guidance range from 14.1%-14.3% to 14.4-14.6%.
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