Piper Jaffray Comments on Assured Guaranty

Piper Jaffray has published a research report on Assured Guaranty (NYSE: AGO).

In the report, Piper Jaffray wrote, "S&P released its final bond rating criteria methodology. Though the bewilderment continues, the final draft appears to be modestly more capital friendly to the industry. For Assured Guaranty specifically, if concerns around capital adequacy existed prior, the report alleviates those fears. We reiterate our Overweight rating and $25 price target."

Piper Jaffray rated Assured Guaranty an Overweight with a price target of $25.00. Assured Guaranty closed Thursday at $13.39.