Keefe, Bruyette & Woods Maintains Outperform on MBIA, Lowers Price Target to $7
Keefe, Bruyette & Woods analyst Tommy McJoynt maintains MBIA (NYSE:MBI) with a Outperform and lowers the price target from $7.5 to $7.
Stocks · News reference
Top 3 Financial Stocks That Could Blast Off This Month
The RSI is below 30, indicating oversold opportunities for investors to buy into undervalued financial stocks.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
MBIA Q2 Adj. EPS $(0.14) Beats $(0.20) Estimate, Sales $27.000M Beat $20.000M Estimate
MBIA (NYSE:MBI) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.20) by 30 percent. This is a 17.65 percent increase over losses of $(0.17) per share from the same period
MBIA Q2 Adj. EPS $(0.14) Beats $(0.20) Estimate
MBIA (NYSE:MBI) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.20) by 30 percent. This is a 17.65 percent increase over losses of $(0.17) per share from the same period
Shares of financial services companies are trading higher as declining oil prices and a dovish Fed rate hold last week have eased concerns about tight lending policy, with Treasury yields falling. The move has improved broader market sentiment and supported the sector.
Regional Management shares are trading lower after Citizens lowered its price target on the stock from $45 to $43.
Citizens Maintains Market Outperform on Regional Management, Lowers Price Target to $43