Stonegate Mortgage Corporation (SGM) Misses Q3 EPS by 26c
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FBR Capital Downgrades Stonegate Mortgage (SGM) to Market Perform
November 10, 2014 7:15 AM ESTFBR Capital downgraded Stonegate Mortgage (NYSE: SGM) from Outperform to Market Perform with a price target of $13.00 (from $16.00).
Analyst Paul J. Miller, Jr., commented, "Following 3Q14 earnings, we are downgrading our rating on Stonegate Mortgage Corporation (SGM) shares to Market Perform from Outperform and moving our price target to $13 from $16. Our... More

