In the wake of hiring a new CEO, Genworth's (GNW +2.8%) price target range is lifted to $6-$9...

|About: Genworth Financial, Inc. (GNW)|By:, SA News Editor

In the wake of hiring a new CEO, Genworth's (GNW +2.8%) price target range is lifted to $6-$9 from $4-$8 by Wells' John Hall. Hall believes 2013 could see the long-awaited IPO of Genworth's Australian mortgage insurance business, the sale of the remainder of its Canadian operation, a return to profitability in the U.S., and debt reduction along with a share buyback. A tall order for Tom McInerney.