Assurant (AIZ) Reports Q4 EPS of 97c, Offers Outlook

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Piper Jaffray Cuts Price target Following Assurant's (AIZ) Weak 4Q

February 10, 2016 8:44 AM EST

Piper Jaffray reiterated a Neutral rating on Assurant (NYSE: AIZ), and cut the price target to $80.00 (from $84.00), following the company's 4Q earnings report. AIZ reported an operating EPS of $0.97, missing consensus estimates of $1.49. Results suffered from weak mobile results, and elevated Fx headwinds... More