Assurant upgraded to Outperform from Market Perform at Keefe Bruyette

Keefe Bruyette upgraded Assurant to Outperform from Market Perform with an unchanged price target of $152. The analyst sees 37% upside following the stock’s recent weakness. Assurant is trading near its historical trough multiple, says the analyst, who thinks the stock will outperform starting in the next few months as conviction grows that Housing margins will improve and Lifestyle earnings prove resilient.