UPDATE: Sterne Agee Raises PT on Walter Investment Management Following 10Q Review
May 15, 2013 at 10:50 AM EDT
In a report published Wednesday, Sterne Agee analyst Henry J. Coffey reiterated a Buy rating on Walter Investment Management Corp. (NYSE: WAC ), and raised the price target from $45.00 to $48.00. In the report, Coffey noted, “We have completed a detailed review of the company's 10Q and our earnings