Piper Jaffray Reiterates Overweight On Assured Guaranty

Assured Guaranty, Ltd. (NYSE: AGO) has reported recent data that suggest a number of positive catalysts in the near-future for shares of AGO, Piper Jaffray reports.

No individual catalyst will likely occur overnight, and the course of the next year is believed by Piper Jaffray to come to fruition and lead to multiple expansion and share-pushing closer to the $37 price target.

Because of the limited downside, Piper Jaffray maintains its Overweight rating for Assured Guaranty, Ltd., which closed yesterday at $16.79.

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