Wednesday, August 24, 2016

Nomura upgrades Altisource Residential on growing single-family rental business

Altisource Residential Corporation recently disclosed its second quarter financial results, reporting that it took a net loss of $63.5 million during the second quarter. But despite that loss, analysts from Nomura are bullish on the company’s future prospects. The reason? Altisource’s growing single-family rental business.

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