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Compass Point analyst Ken Billingsley reiterated a Buy rating and bumped his price target on Maiden Holdings (NASDAQ: MHLD) to $19.00 (from $18.00) but removed the stock from the Focus List.
Billingsley commented, "MHLD earnings missed the consensus estimate for the second quarter in a row. However, this time for an entirely different reason. This quarter, MHLD had adverse development in a commercial... More
Maiden Holdings (NASDAQ: MHLD) reported Q2 EPS of $0.37, $0.05 worse than the analyst estimate of $0.42.
Commenting on the Company's results, Art Raschbaum, Chief Executive Officer of Maiden, said: "In the quarter, we benefited from significantly increased investment income, as we put a... More

