Arlington Asset Investment (AI) is downgraded to Hold with $27 price target on what looks to be...

|About: Arlington Asset Investme... (AI)|By:, SA News Editor

Arlington Asset Investment (AI) is downgraded to Hold with $27 price target on what looks to be a valuation call following yesterday's earnings. The company is looking for growth by increasing exposure to the U.S. housing recovery (CC transcript), taking its non-agency MBS holdings to 60% of the portfolio last quarter.