I read that headline too. Clearly said that UBS initiated coverage on
NRZ at $11. I asked one of my UBS contacts for the report but he says
there's nothing there. He sent the last report which was from 2016 by
former analyst Matthew Howlett. I'll ask another one of my UBS contacts
today about that new headline.
Another person mentioned that Jones Trading initiated coverage on NRZ
yesterday with an $11 price target. Coincidence?
I'll try to get this firmed up today and will post the results, if any.