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Enter Symbol:
Rating: ASPS

ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) downgraded to Neutral by Piper Jaffray

Friday,  Dec 11, 2015  10:25 AM ET by Betsy O'Brien Harrison

Piper Jaffray downgraded ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) to Neutral. Previously
Piper Jaffray downgraded to ALTISOURCE PORTFOLIO SOLUTIONS (NASDAQ: ASPS) to Overweight with price target $27 on 12/28/2009, when the stock price was $19.70.

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.

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