Assurant price target raised to $164 from $160 at BofA

BofA analyst Grace Carter raised the firm’s price target on Assurant to $164 from $160 and keeps a Buy rating on the shares after the company’s Q1 operating EPS of $2.75 beat the firm’s forecast and consensus. Management maintained its 2023 outlook, but sees share repurchases to resume earlier than prior guidance, the firm noted.