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Analyst Moves: CIT, HOS, HPY

Market News Video
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June 17, 2013 AT 4:56 PM
This morning, Drexel upgraded shares of CIT Group (CIT) from hold to buy as the company's agreement with the Federal Reserve was terminated, meaning $2 billion of excess capital is now available to shareholders. On the news, shares of the CIT Group were higher by 1.9%.