FBR Capital Maintains a 'Market Perform' on Radian Group (RDN); Looking for Something More than "Less Bad"

FBR Capital maintains a 'Market Perform' on Radian Group (NYSE: RDN), PT $10.

FBR analyst says, "RDN offers a compelling investment thesis once it approaches profitability, which we suspect is closer to a 2012 event than 2011. Given the possibility of significantly lower incurred losses, a DTA valuation recovery, and the potential of mark-to-market loss reversals, earnings and book value accretion should be significant once underlying fundamentals turn for the better."

For more ratings news on Radian Group click here and for the rating history of Radian Group click here.

Shares of Radian Group closed at $5.68 yesterday.

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