Jefferies Upgrades Validus Holdings (VR) to Buy

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Jefferies upgraded Validus Holdings (NYSE: VR) from Hold to Buy with a price target of $72.00 (from $66.00).

The firm comments, "Given macro uncertainties heading into 2013, VTR offers investors a nice mix of defense and growth. A solid acquisition outlook, and another year of strong results from the senior housing operating portfolio also suggests upside to 2013 consensus estimates."

For an analyst ratings summary and ratings history on Validus Holdings click here. For more ratings news on Validus Holdings click here.

Shares of Validus Holdings closed at $34.58 yesterday, with a 52 week range of $29.97-$37.63.

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