Friday, July 12, 2019 11:50:27 AM
Dow Jones Newswire: Height Analytics FNMA/FMCC Coverage
This just came over the news wire at 09:21am central:
.....
For that reason, he's initiating coverage with a buy rating on the preferred shares and a sell rating on the common. Freddie and Fannie's common shares have already surged 155% and 166%, respectively, since the start of the year on speculation about the end of the conservatorship.
See:As Fannie-Freddie reform gets underway, here are the three big questions for the housing market (http:// www.marketwatch.com/story/as-fannie-freddie-reform-gets-underway-here-are-the-three-big-questions-for-the-housing- market-2019-01-29)
- Andrea Riquier ; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
07-12-19 1021ET
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