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Oppenheimer Revises Estimates on Navigators Group

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Oppenheimer released its quarterly update today on Navigators Group (NasdaqGS: NAVG) in which they revise operating estimates and investment income.

Oppenheimer has revised the 2010 and 2011 NAVG operating estimates to $3.13/share and $3.31/share. The estimate for investment income was $1M to the downside at $73M according to their research report.

Oppenheimer maintains its Perform rating on NAVG. NAVG closed Friday at $48.60

Posted-In: Navigators Group Inc. OppenheimerAnalyst Color Analyst Ratings

 

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