UPDATE: Sterne Agee Upgrades Nationstar Mortgage Holdings to Buy on Servicing Acquisition
January 11, 2013 at 10:12 AM EST
Sterne Agee upgraded Nationstar Mortgage Holdings Inc. (NYSE: NSM ) from Neutral to Buy and announced a $47.00 price target. Sterne Agee commented, "The primary factor driving shares to our price target is the likelihood that there will be more servicing developments on the horizon. A secondary set of factors