Thomas H. Lee-Backed Mortgage Venture Climbs on KBW’s Buy Call

  • KBW raises rating on Black Knight, lifts price target
  • Black Knight has jumped almost 70% since IPO last year

Black Knight Financial Services Inc., the mortgage-technology company backed by private-equity firm Thomas H. Lee Partners, surged in New York trading after being upgraded to outperform at Keefe Bruyette & Woods.

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