S&P Cuts Ocwen Financial (OCN) to 'B', Outlook Negative

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BofA/Merrill Lynch Downgrades Ocwen Financial Corp (OCN) to Neutral on Heightened Regaualtory Scrutiny

October 22, 2014 7:49 AM EDT

BofA/Merrill Lynch downgraded Ocwen Financial Corp (NYSE: OCN) from Buy to Neutral with a price target of $23.00 (from $35.00) noting NY DFS hurdles keep stacking up after the agency publically released another letter to OCN alleging technical defects in borrower notifications, highlighting operational... More

Evercore Partners Downgrades Ocwen Financial Corp (OCN) to Hold

October 22, 2014 7:05 AM EDT

Evercore Partners downgraded Ocwen Financial Corp (NYSE: OCN) from Buy to Hold with a price target of $24.00 (from $40.00).

For an analyst ratings summary and ratings history on Ocwen Financial Corp click here. For more ratings news on Ocwen Financial Corp click here.

Shares of Ocwen Financial Corp closed at $21.48 yesterday.

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