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Onity Group Maintains Buy Rating with $49 Price Target

Onity Group logoOnity Group
Sig1.28Sen+1.35Env0.00Soc0.00Gov0.00

A Texas Capital Securities report on Aug. 27 kept a Buy rating on Onity Group and set a $49.00 price target. The stock closed at $34.50. Consensus reflects Strong Buy expectations and other Buy targets. On the quarter ended June 30, Onity Group reported $282.9 million in revenue and a GAAP net loss of $11.9 million versus $278.7 million revenue and $21.5 million net profit a year earlier.

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