Keefe Bruyette raised the firm’s price target on MBIA (MBI) to $8.50 from $8 and keeps an Outperform rating on the shares. Another special dividend near-term should not be ruled out, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBI: