Assurant downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded Assurant to Underperform from Neutral. The firm downgraded shares based on flat organic growth, rich valuation vs. book value and buybacks that are not longer accretive. Price target is $73.
Assurant reschedules Q4 earnings conference call Assurant announced the company is rescheduling the time of Q4 and full-year earnings conference call to 9 a.m. ET, Friday, February 13. The call time was updated to avoid overlap with a peer company’s earnings conference call.