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BTIG Upgrades Ambac Financial (AMBC) to Buy

March 1, 2017 12:21 PM EST

BTIG upgraded Ambac Financial (NASDAQ: AMBC) from Neutral to Buy with a price target of $28.

Analyst Mark Palmer said, "We are upgrading Ambac Financial Group (AMBC) to Buy (from Neutral) with a price target of $28 based on a sum-of-the-parts analysis (see... More