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.
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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
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Keefe, Bruyette & Woods analyst Tommy McJoynt maintains MBIA (NYSE:MBI) with a Outperform and lowers the price target from $7.5 to $7.
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
The RSI is below 30, indicating oversold opportunities for investors to buy into undervalued financial stocks.