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UPDATE: Compass Point Initiates Coverage On Allstate As Growth Opportunities Are Constrained
Thursday, August 28, 2014 - 9:44am | 246Read More...In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Allstate (NYSE: ALL) with a Neutral rating and $63.00 price target. In the report, Compass Point noted, “Shares of Allstate have performed very well for the past three years. We believe the market place for...
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UPDATE: Compass Point Initiates Coverage On Mercury General On Increased Risk
Thursday, August 28, 2014 - 9:40am | 287Read More...In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Mercury General (NYSE: MCY) with a Neutral rating and $47.00 price target. In the report, Compass Point noted, “Mercury General is the fourth largest writer of personal auto in the state of California and...
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UPDATE: Compass Point Initiates Coverage On Safety Insurance Group On Positive Outlook Despite Challenges
Thursday, August 28, 2014 - 9:30am | 243Read More...In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Safety Insurance Group (NASDAQ: SAFT) with a Buy rating and $63.00 price target. In the report, Compass Point noted, “Safety Insurance is primarily a mono-state writer of personal lines in Massachusetts....
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Compass Point Initiates Allstate With Neutral
Thursday, August 28, 2014 - 8:26am | 59Read More...Analysts at Compass Point initiated coverage on shares of The Allstate (NYSE: ALL) with a Neutral rating. The target price for Allstate is set to $63. Allstate shares have surged 28.00% over the past 52 weeks, while the S&P 500 index has gained 22.33% in the same period. Allstate's shares...
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Credit Suisse Remains Bullish On U.S. Steel
Monday, August 25, 2014 - 9:25am | 121Read More...Analysts at Credit Suisse on Monday upgraded shares of U.S. Steel (NYSE: X) to Outperform from Underperform. Analysts at Credit Suisse stated, "The company's raw material cost advantages as well as privileged steel price environment should position X as one of the most profitable...
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Compass Point Has Positive Outlook On Beneficial Mutual Bancorp
Friday, August 22, 2014 - 7:57am | 226Read More...In a report published Friday, Compass Point analyst Laurie Havener Hunsicker reiterated a Buy rating and $17.00 price target on Beneficial Mutual Bancorp (NASDAQ: BNCL). In the report, Compass Point noted, “BNCL, trading at 100% of our estimated market-adjusted fully-converted tangible book (FCTB...
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UPDATE: Compass Point Reiterates On Alexander & Baldwin As Grace, NOI Tick Higher
Friday, August 22, 2014 - 7:54am | 184Read More...In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Alexander & Baldwin (NYSE: ALEX), and raised the price target from $58.00 to $60.00. In the report, Compass Point noted, “We are reiterating our Buy rating and raising our price target to $60 from $58...
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Compass Point Updates Model For RLJ Lodging Trust Following Strong 2Q14 Earnings
Tuesday, August 19, 2014 - 9:32am | 179Read More...In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating and $32.50 price target on RLJ Lodging Trust (NYSE: RLJ). In the report, Compass Point noted, “We reiterate our Buy rating and $32.50 price target. On August 5, RLJ reported strong 2Q14 earnings characterized...
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UPDATE: Compass Point Reiterates On Walter Investment Management As Margin Pressure Will Continue Into 2015
Monday, August 18, 2014 - 9:58am | 272Read More...In a report published Monday, Compass Point analyst Kevin Barker reiterated a Sell rating on Walter Investment Management (NYSE: WAC), but lowered the price target from $23.00 to $18.00. In the report, Compass Point noted, “We reiterate our Sell rating and lower our price target on WAC to $18 from...
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Compass Point Believes Premium Growth And Loss Ratio Support Thesis For Maiden
Friday, August 8, 2014 - 8:53am | 250Read More...In a report published Friday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden (NASDAQ: MHLD). In the report, Compass Point noted, “MHLD reported results that were in line with the consensus estimate for the quarter when adjusted for an increased...
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Compass Point Sees Annaly Capital Management Take View On Short Rates
Thursday, August 7, 2014 - 8:32am | 143Read More...In a report published Thursday, Compass Point analyst Jason Stewart reiterated a Neutral rating and $12.00 price target on Annaly Capital Management (NYSE: NLY). In the report, Compass Point noted, “Yesterday after market close, NLY reported 2Q14 core EPS of $0.30 compared to the consensus estimate...
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Compass Point Sees Positive 2Q14 Surprises For Maiden
Thursday, August 7, 2014 - 8:13am | 211Read More...In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden (NASDAQ: MHLD). In the report, Compass Point noted, “Loss ratio improvement and Diversified Reinsurance segment growth were positive surprises from 2Q14. We believe the...
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Compass Point Believes Apollo Residential Mortgage Is Still Too Cheap
Thursday, August 7, 2014 - 8:00am | 207Read More...In a report published Thursday, Compass Point analyst Jason Stewart reiterated a Buy rating and $20.00 price target on Apollo Residential Mortgage (NYSE: AMTG). In the report, Compass Point noted, “We reiterate our Buy rating and $20 price target on AMTG shares following 2Q14 earnings. The company...
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Compass Point Sees 2nd Step On Horizon For Kearny Financial
Thursday, August 7, 2014 - 7:51am | 161Read More...In a report published Thursday, Compass Point analyst Laurie Havener Hunsicker reiterated a Buy rating and $17.00 price target on Kearny Financial (NASDAQ: KRNY). In the report, Compass Point noted, “We continue to believe a 2nd-step is on the horizon. We reiterate our Buy-rating and our $17 price...
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Compass Point Remains Positive On Two Harbors Investment Despite Core EPS Misses
Thursday, August 7, 2014 - 7:50am | 125Read More...In a report published Thursday, Compass Point analyst Jason Stewart reiterated a Buy rating and $11.50 price target on Two Harbors Investment (NYSE: TWO). In the report, Compass Point noted, “After market close yesterday, TWO reported core 2Q14 EPS of $0.24, slightly below the consensus estimate of...

