NEW RESID INV (NRZ) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of NEW RESID INV (NRZ) from OUTPERFORM to NEUTRAL on October 28, 2014, with a target price of $14.80.

New Residential Investment Corp. is a real estate investment trust. It focuses on investing in, and actively managing, investments related to residential real estate. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments. New Residential Investment Corp. is based in New York.

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