UPDATE: Jefferies Upgrades Nationstar Mortgage on Upcoming Catalysts
September 18, 2013 at 09:33 AM EDT
In a report published Wednesday, Jefferies analyst Daniel Furtado upgraded the rating on Nationstar Mortgage Holdings (NYSE: NSM ) from Hold to Buy, and raised the price target from $40.00 to $64.00. In the report, Jefferies noted, “We are upgrading NSM to BUY with a $64 price target, which is