Coleman Cable, Inc. (NASDAQ: CCIX), TIM Participacoes SA (NYSE: TSU), Encore Wire Corp. (NASDAQ: WIRE), Exide Technologies (NASDAQ: XIDE), Active Network (NASDAQ: ACTV) and Assured Guaranty Ltd (NYSE: AGO) getting new coverage from analysts.
Global Hunter Securities initiated coverage on Coleman Cable, Inc. (CCIX). They placed an “Accumulate” rating and a price target of $11.00 on the company.
Standpoint Research initiated coverage on TIM Participacoes SA (TSU). They placed a “Buy” rating and a price target of $31.00 on the company.
Global Hunter Securities initiated coverage on Encore Wire Corp. (WIRE). They placed an “Accumulate” rating and a price target of $30.00 on the company.
Maxim Group initiated coverage on Exide Technologies (XIDE). They placed a “Buy” rating and a price target of $7.00 on the company.
UBS AG (NYSE:UBS) initiated coverage on Active Network (ACTV). They placed a “Buy” rating on the company.
BTIG Research initiated coverage on Assured Guaranty Ltd (AGO). They placed a “Buy” rating and a price target of $35.00 on the company.
Showing posts with label Assured Guaranty. Show all posts
Showing posts with label Assured Guaranty. Show all posts
Tuesday, December 6, 2011
Wednesday, May 11, 2011
Ratings on (AGO) (AONE) (AVNR) (AXAS) (BAP) Reiterated
Ratings on Assured Guaranty Ltd (NYSE: AGO), A123 Systems, Inc. (NASDAQ: AONE), Avanir Pharmaceuticals Inc (NASDAQ: AVNR), Abraxas Petroleum Corp. (NASDAQ: AXAS) and Credicorp Ltd. (NYSE: BAP) reiterated by analysts.
Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on Assured Guaranty Ltd (AGO). They have a price target of $25.00 on the company.
Wunderlich reiterated a “sell” rating on A123 Systems, Inc. (AONE). They now have a price target of $3.50 on the company.
Wedbush reiterated an “outperform” rating on Avanir Pharmaceuticals Inc (AVNR).
Wunderlich reiterated a “buy” rating on Abraxas Petroleum Corp. (AXAS).
Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on Credicorp Ltd. (BAP).
Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on Assured Guaranty Ltd (AGO). They have a price target of $25.00 on the company.
Wunderlich reiterated a “sell” rating on A123 Systems, Inc. (AONE). They now have a price target of $3.50 on the company.
Wedbush reiterated an “outperform” rating on Avanir Pharmaceuticals Inc (AVNR).
Wunderlich reiterated a “buy” rating on Abraxas Petroleum Corp. (AXAS).
Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on Credicorp Ltd. (BAP).
Friday, April 15, 2011
Assured Guaranty (AGO), MBIA (MBI) Jump on BofA (BAC) Settlement
Shares of bond insurers Assured Guaranty (NYSE:AGO) and MBIA (NYSE:MBI) were soaring on news Bank of America (NYSE:BAC) settled with Assured for $1.1 billion in regard to demands from the company Bank of America buy back faulty mortgages.
Other bond and mortgage insurers like MBIA, PMI Group Inc. (NYSE:PMI), Radian Group Inc. (NYSE:RDN) and MGIC Investment Corp. (NYSE:MTG) were all trading up on the news.
Expectations are these companies and others will probably be successful as well in their pursuit to recover costs from lenders as well.
MBIA (whose shares were also soaring) Chief Financial Officer Chuck Chaplin said in a statement the Assured Guaranty settlement “is yet another affirmation of the validity of both our claims and expected recoveries related to improperly originated mortgage loans in insured securitizations.”
MGIC was trading at $8.78, up $0.26, or 3.11 percent, as of 1:44 PM EDT. Radian Group was at $6.31, rising $0.09, 1.45 percent. PMI Group was at $2.24, jumping $0.06, or 2.75 percent. MBIA was trading at $10.73, gaining $1.80, or 20.16 percent. Assured Guaranty was at $17.72, soaring $3.55, or 25.05 percent.
Other bond and mortgage insurers like MBIA, PMI Group Inc. (NYSE:PMI), Radian Group Inc. (NYSE:RDN) and MGIC Investment Corp. (NYSE:MTG) were all trading up on the news.
Expectations are these companies and others will probably be successful as well in their pursuit to recover costs from lenders as well.
MBIA (whose shares were also soaring) Chief Financial Officer Chuck Chaplin said in a statement the Assured Guaranty settlement “is yet another affirmation of the validity of both our claims and expected recoveries related to improperly originated mortgage loans in insured securitizations.”
MGIC was trading at $8.78, up $0.26, or 3.11 percent, as of 1:44 PM EDT. Radian Group was at $6.31, rising $0.09, 1.45 percent. PMI Group was at $2.24, jumping $0.06, or 2.75 percent. MBIA was trading at $10.73, gaining $1.80, or 20.16 percent. Assured Guaranty was at $17.72, soaring $3.55, or 25.05 percent.
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