Keefe, Bruyette & Woods Initiates Coverage on Delphi Financial Group (DFG) with an Outperform

October 26, 2009 7:03 AM EDT

Keefe, Bruyette & Woods initiates coverage on Delphi Financial Group (NYSE: DFG) with an Outperform. Price target $30.

Keefe analyst says, "Delphi is a niche employee benefits provider with an excellent growth and underwriting track record. With the balance sheet shored up following the company's August equity raise, we believe the company's strong underwriting franchises deserve a higher valuation."

To see more analyst ratings on DFG Click Here.

Delphi Financial Group, Inc., through its subsidiaries, provides integrated employee benefit services.


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