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JPMorgan heads to the sidelines on American Capital Agency

Jul. 18, 2016 7:36 AM ETAGNC Investment Corp. (AGNC) StockAGNCBy: Stephen Alpher, SA News Editor8 Comments
  • Citing increased prepayment risk and margin compression thanks to the sharp decline in rates and flatter yield curve, Richard Shane downgrades American Capital Agency (NASDAQ:AGNC) to Neutral. The $20 price target remains.
  • Shares are down 0.5% premarket to $19.15.

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