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Assurant initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of Assurant (AIZ) with an Outperform rating and $238 price target The firm views Assurant as a “value stock” with secular tailwinds and potential for earnings estimate revisions. The company has less volatility than traditional property and casualty carriers and is positioned to continue to take share from industry leader Asurion, the analyst tells investors in a research note.

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