Assured Guaranty (AGO): Initiating with a Buy and $35 Target – BTIG

BTIG is initiating Assured Guaranty (NYSE:AGO) with a Buy and $35 price target. Firm views Assured Guaranty’s equity as deeply undervalued at current trading levels and anticipate that as the fears that have depressed its share price abate and the viability of its business model becomes more apparent, it will gravitate toward its intrinsic value. [...]