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FBR raises its rating on alternative risk insurance company Meadowbrook Insurance (MIG +6.5%) to...

FBR raises its rating on alternative risk insurance company Meadowbrook Insurance (MIG +6.5%) to Outperform from Market Perform with a $10 price target, citing lower reserve charges. Although MIG has been the worst-performing stock in FBR's insurance coverage, it now thinks the risk/reward going forward sets up well.
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