BMO Capital analyst Charlie Lederer raised the firm’s price target on Assurant (AIZ) to $246 from $238 and keeps an Outperform rating on the shares. The firm is revising its estimates, primarily reflecting the Q3 beat and stronger growth in Lifestyle, offset by a higher share price negatively impacting share repurchase accretion, the analyst tells investors in a research note. The quarter should enhance market confidence in near-term pipeline strength, the firm added.
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