ACE Ltd. (ACE) Tops Q3 EPS by 16c; Updates FY12 Outlook

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Analyst Bullish on ACE (ACE) as Loss Reserves Favorable

October 24, 2012 11:44 AM EDT

MKM Partners maintained a Buy on ACE Ltd (NYSE: ACE) and raised its price target to $95.00 (from $90.00). ACE is one of the world's largest multiline property and casualty insurers. Its third quarter earnings today beat the consensus estimate.

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