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johnsyn

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johnsyn

Re: None

Tuesday, 04/09/2013 10:01:16 AM

Tuesday, April 09, 2013 10:01:16 AM

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9:24 AM Mortgage REIT CYS gets an upgrade from Compass Point to Buy from Neutral with a reiterated price target of $13.50. Analyst Jason Stewart cites a favorable interest rate environment, a compelling share valuation, and changing investor expectations, but also notes Fed purchases will keep MBS spreads compressed thus putting a lid on ROE expansion.

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