Newcastle Investment (NCT) Declares $0.12 Quarterly Dividend; 10.5% Yield

Go back to Newcastle Investment (NCT) Declares $0.12 Quarterly Dividend; 10.5% Yield

Imperial Capital Cuts Price Target on Newcastle Investment (NCT) to $4; Reiterates In-Line

December 12, 2016 7:11 AM EST

Imperial Capital reiterated an In-Line rating on Newcastle Investment (NYSE: NCT), and cut the price target to $4.00 (from $4.50), following corporate Structure changes.

Analyst George Kelly commented, "We are maintaining our In-Line rating and lowering our one-year price target to $4 from $4.50. Our price... More