AmTrust Financial Services, Inc. (AFSI) Handily Tops Q1 Expectations

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Compass Point Upgrades AmTrust Financial (AFSI) to Buy

May 2, 2014 6:55 AM EDT

Compass Point upgraded AmTrust Financial (NASDAQ: AFSI) from Neutral to Buy with a price target of $49.00 (from $37.00).

Analyst Ken Billingsley comments, "We are raising our rating on AFSI as we remain confident that management will continue to take advantage of opportunities to grow its business both organically and through acquisitions in both the fee based and underwriting segments.... More