Form 8-K GENWORTH FINANCIAL INC For: Apr 28
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BTIG Affirms Genorth (GNW) at 'Buy'; Regulators Said to Support Unstacking Transaction
April 29, 2016 11:45 AM EDTBTIG affirms Genworth (NYSE: GNW) at Buy with a price target of $5 following Q1 results issued Thursday night.
Analyst Mark Palmer noted the following from the company's conference call today:
During GNWs 1Q16 conference call this morning, CEO Jim McInerney said that based on his teams discussions with its regulators, they appreciate the situation in which the company finds itself, particularly with regard to its heavy debt load and the potential for constrained... More
