-
Mixed Reaction As Investors Dump James River Group Stock After Cancellation Of Uber Insurance Policies
Wednesday, October 9, 2019 - 4:20pm | 550Read More...James River Group Holdings, Ltd. (NASDAQ: JRVR) stock plummeted on Wednesday, dropping more than 20%, after the company said it is canceling all insurance policies with its largest customer, a subsidiary of Uber Technologies Inc (NYSE: UBER). The decision led one sell-side firm to downgrade the...
-
Analyst Raises Fannie Mae Price Target Following Mnuchin Comments
Wednesday, September 11, 2019 - 3:07pm | 670Read More...Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are having another big day on Wednesday after investors got some much-needed clarification following last week’s release of a somewhat lackluster Trump administration housing reform plan. Shares...
-
Analyst Starts Coverage Of Fannie Mae, Views Common And Preferred Shares As A Call Option
Friday, April 5, 2019 - 11:16am | 474Read More...After years of waiting for progress from Washington on housing finance reform, Federal National Mortgage Association (OTC: FNMA) investors aren’t necessarily getting what they had hoped for from Wall Street. The Analyst B. Riley analyst Randy Binner initiated coverage of Fannie Mae with a...
-
B. Riley FBR Upgrades Unum Group On Solid Macro Backdrop, Valuation
Tuesday, February 13, 2018 - 3:23pm | 400Read More...Unum Group (NYSE: UNM) stock has pulled back 16 percent from its early January high, and are in the process of defending its 200-day moving average. The Analyst B Riley FBR analyst Randy Binner upgrades Unum Group from Neutral to Buy and increased his price target from $55 to $58. The Thesis...
-
Look For MetLife To Soon Be A High-Yielding Standout Among Large-Cap Financials
Thursday, May 25, 2017 - 1:20pm | 448Read More...Analysts at FBR & Co. upgraded shares of Metlife Inc (NYSE: MET) as the stock's underperformance versus its peers since the start of 2017 has now created a compelling buying opportunity. FBR's Randy Binner upgraded MetLife's stock from Market Perform to Outperform with a price target boosted...
-
Insurance Stocks May Have Risen Too Far Too Fast
Monday, November 28, 2016 - 4:33pm | 491Read More...Randy Binner of FBR Capital Markets has downgraded Metlife Inc (NYSE: MET), Hartford Financial Services Group Inc (NYSE: HIG) and Maiden Holdings, Ltd. (NASDAQ: MHLD) to Market Perform, saying the risk/reward for these stocks have become less attractive after the election rally. Following Donald...
-
FBR Raises Prudential's Price Target To $86
Monday, May 16, 2016 - 11:44am | 182Read More...FBR raised its price target to $86 from $80 and maintains an Outperform rating on Prudential Financial Inc (NYSE: PRU), saying its meetings with management support its view of the company as "a well-managed company that offers good risk/reward at current valuation." "We are increasingly viewing...
-
Delphi Financial Group, Inc. (DFG) Reports Fourth-Quarter Results
Friday, February 12, 2010 - 1:42pm | 158Read More...Analyst Randy Binner at FBR Capital Markets (NASDAQ: FBCM) has released an update on Delphi Financial Group, Inc. (NYSE: DFG). The company has reported results for the fourth-quarter. Delphi reported operating EPS of $0.86 for the fourth-quarter, which came in slightly below FBR’s estimate of $0....
