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AG Mortgage likely to be weak on WMC bid, says Keefe Bruyette
The Fly

AG Mortgage likely to be weak on WMC bid, says Keefe Bruyette

Keefe Bruyette keeps a Market Perform rating on AG Mortgage Investment (MITT) after the company submitted an offer to acquire Western Asset Mortgage (WMC). The analyst thinks AG Mortgage shares are likely to be weak on the news “since the market was likely hoping for a sale” of the company.

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