J.G. Wentworth (JGW) Misses Q4 EPS Views

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Jefferies Cuts Price Target on J.G. Wentworth (JGW) to $1.25 Following 4Q

March 9, 2016 9:35 AM EST

Jefferies maintained a Hold rating on J.G. Wentworth (NYSE: JGW), and cut the price target to $1.25 (from $2.00), following the company's 4Q earnings report. JGW reported ANI per share of ($0.37) versus the consensus of $0.20. Management noted it will be implementing cost reductions of $25 -... More