Fannie Mae, Freddie Mac Price Targets Cut to $0

Keefe, Bruyette & Woods lowered its rating on Fannie (FNM) and Freddie (FRE) to $0.
They also downgraded the stock to “Underperform.” Of course, if you think it’s going to $0 that makes sense.
Both stocks trade a little over $1.

Posted by on October 19th, 2009 at 3:59 pm


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