NEWCASTLE INV (NCT) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of NEWCASTLE INV (NCT) from OUTPERFORM to NEUTRAL on August 05, 2014, with a target price of $5.20.

Newcastle Investment Corp invests in real estate securities and other real estate-related assets. Newcastle is organized and conducts its operations to qualify as a real estate investment trust for federal income tax purposes.

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