- Ocwen's (OCN -4.2%) 2-day post-earnings slide nears 20% as Citigroup throws in the towel on its Buy rating, citing those dreaded rising compliance costs and regulatory uncertainties. The price target is cut by $10 to $32.
- Sterne Agee sticks with its Buy rating, but cuts the price target to $36 from $45.
- Previously: Regulatory costs sting Ocwen results
From other sites
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