Foreseeing a post-tsunami rally, Citigroup upgrades five reinsurers to Buy: Arch Capital (ACGL +1.6%), Axis Capital (AXS +0.7%), PartnerRe (PRE +1.9%), Everest Re (RE +2.4%) and Transatlantic Holdings (TRH +2%). "Takeaway is that stocks can move even if pricing doesn't," writes lead analyst Keith Walsh.
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