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Enter Symbol:
Rating: ASPS
Sell $43

ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) downgraded to Sell with price target $43 by Compass Point

Friday,  Nov 14, 2014  2:25 PM ET by Kristen Bailey

Compass Point downgraded ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) to Sell with price target $43 with today's
price of $51.58. Compass Point rated ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) to Neutral with price target $83 on 10/28/2014, when the price was $71.04. ALTISOURCE PORTFOLIO SOLUTIONS's stock price lost 27% since then.

Altisource Portfolio Solutions S.A. (Altisource), formerly Altisource Portfolio Solutions S.a r.l., together with its subsidiaries, is engaged in provision of real estate mortgage portfolio management and related technology products, as well as asset recovery and customer relationship management services. The Company has three segments: Mortgage Services, Financial Services and Technology Products. Mortgage Services provides valuation, real estate sales, default processing services, property inspection and preservation services, homeowner outreach, closing and title services and knowledge process outsourcing services. Financial Services comprises the Company?s asset recovery management and customer relationship management offerings to the financial services, consumer products, telecommunications and utilities industries. Technology Products is engaged in the design, development and delivery of technology products and services to the mortgage industry.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.

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