Piper Sandler downgraded Assurant to Neutral from Overweight with an unchanged price target of $200. The firm cites valuation for the downgrade, saying the catalysts it was expecting have now played out. Piper’s 2025 estimates assume more modest growth in earnings of 3% with catalysts now in the rearview mirror creating tougher growth comps, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIZ:
Questions or Comments about the article? Write to editor@tipranks.com