MBIA and Assured Guaranty defended at BTIG

theflyonthewall.com

BTIG said MBIA (MBI) and Assured Guaranty (AGO) are down in sympathy with MGIC Investment (MTG). The firm notes that MBIA and Assured Guaranty have very different business than MGIC Investment and that weakness does not make sense. The firm adds that Genworth (GNW) Radian Group (RDN) weakness is overdone relative to MGIC Investment also.

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