Assured Guaranty (AGO) Has Got the Morning Juice On New 'Buy' Rating
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Price: $75.53 -0.41%
Rating Summary:
6 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
6 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Traders are all over Assured Guaranty Ltd. (NYSE: AGO) in the pre-open Monday following a hot new Buy rating.
BTIG initiated coverage on AGO today with a Buy rating and $35 price target, saying the stock is deeply undervalued and they see the valuation disconnect abating as investors get more comfortable.
Traders are comparing this call from BTIG to the firm's Buy-call last week on MBIA (NYSE: MBI), which sent that stock up 30 percent.
Shares of AGO are up 10 percent in pre-open action.
BTIG initiated coverage on AGO today with a Buy rating and $35 price target, saying the stock is deeply undervalued and they see the valuation disconnect abating as investors get more comfortable.
Traders are comparing this call from BTIG to the firm's Buy-call last week on MBIA (NYSE: MBI), which sent that stock up 30 percent.
Shares of AGO are up 10 percent in pre-open action.
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