Analysts Upgrade These 3 Financial Stocks in December

Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Financial sector for the week ending December 9th, 2011.

  • ACE Limited (NYSE:ACE): Ticonderoga upgraded its rating on this company from Neutral to Buy and changed its price target to $85 on Dec 6th. The shares recently traded at $68.41, down $1.83, or 2.61% since the analyst’s rating. About the company: ACE Limited is the holding company for the ACE Group of Companies, a property and casualty insurance business. The Group provides a diversified range of products and services to clients through operations in countries around the world. ACE provides specialty insurance and reinsurance products. Get the most recent company news and stock data here >>
  • Blackstone (NYSE:BX): Argus upgraded its rating on this company from Hold to Buy and changed its price target to $20 on Dec 7th. The shares recently traded at $14.01, down $0.84, or 5.66% since the analyst’s rating. About the company: The Blackstone Group LP is a global alternative asset manager and provider of financial advisory services. The firm’s asset management businesses include the management of corporate private equity funds, real estate funds, mezzanine funds, proprietary hedge funds and closed-end mutual funds. Blackstone also provides M&A and reorganization advisory, as well as private placement services. Get the most recent company news and stock data here >>
  • Validus Holdings (NYSE:VR): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $38 on Dec 9th. The shares recently traded at $29.88, down $0.31, or 1.03% since the analyst’s rating. About the company: Validus Holdings, Ltd. is a Bermuda-based reinsurer. The Company concentrates on property risks and other reinsurance lines. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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