Genworth Financial (GNW) Tops Q1 EPS by 5c

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Go back to Genworth Financial (GNW) Tops Q1 EPS by 5c

Compass Point Upgrades Genworth Financial (GNW) to Buy

April 30, 2015 6:10 AM EDT

Compass Point upgraded Genworth Financial (NYSE: GNW) from Neutral to Buy with a price target of $12.00, saying the sky is not falling and the company is focused on its US MI and Canada MI operations for their profitability, and the LTC business for its upside potential.

Analyst Ken Billingsley commented, "GNW laid out its game plan going forward. While there remains a number of moving parts, it appears the company is focused on its US MI and Canada MI operations... More