The morning after: Ocwen falls another 4%

|About: Ocwen Financial Corporation (OCN)|By:, SA News Editor

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