Ocwen Financial (OCN) Misses Q1 EPS by 51c

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Ocwen Financial (OCN) PT Cut Below 50% of Book Value - Piper Jaffray

April 28, 2016 9:55 AM EDT

Piper Jaffray analyst, Kevin Barker, cut his PT on Ocwen Financial Corp (NYSE: OCN) to $2.50 from $4 after another large loss. The firm maintained a Neutral rating.

OCN reported earnings of $0.90 per share loss this quarter. The analyst estimates the operating EPS was... More