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Fly News Breaks for September 7, 2018
AIZ
Sep 7, 2018 | 07:23 EDT
UBS analyst John Nadel raised his price target on Assurant to $136 from $118 despite lowering earnings estimates for 2018-2020. The analyst believes he factored in too large a contribution from the Warranty Group acquisition. He continues to view the risk/reward as very attractive with a 32% upside potential to his revised target. Nadel reiterated his Buy rating on Assurant shares.
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