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Fly News Breaks for April 23, 2019
WTRE
Apr 23, 2019 | 06:49 EDT
JPMorgan analyst Pablo Singzon started Watford Holdings with a Neutral rating and $30 price target. The analyst sees Watford's "heavy reliance" on external parties and its "above-average" credit risk as concerns. The stock's valuation is attractive, "but still not enough for us to recommend the stock," Singzon tells investors in a research note.
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