MBIA Shares Jump After Keefe, Bruyette & Woods Upgrades Rating to Outperform From Market Perform

MT Newswires Live11-18

MBIA (MBI) shares jumped past 10% in recent trading on Monday after Keefe, Bruyette & Woods upgraded its rating to outperform from market perform.

The firm also raised the price target to $9 from $6.50.

Trading volume stood at nearly 946,000 shares against a daily average of more than 358,100 shares.

Price: 6.65, Change: +0.61, Percent Change: +10.20

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