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Tower Group, Inc. (TWGP) [hlAlert]

Rating:
Neutral TWGP
down 29.70 %

Tower Group, Inc. (TWGP) downgraded to Neutral with price target $5 by Compass Point

Posted on: Wednesday,  Dec 18, 2013  8:25 AM ET by Compass Point

Compass Point rated Neutral Tower Group, Inc. (NASDAQ: TWGP) on 12/18/2013. Previously Compass Point rated Buy Tower Group, Inc. (NASDAQ: TWGP) on
12/16/2013., when the stock price was $4.04. Since then, Tower Group, Inc. has lost 29.70% as of 12/18/2013's recent price of $2.84.
If you would have followed the previous Compass Point's recommendation on TWGP, you would have lost 29.7% of your investment in 2 days.

Tower Group Inc operates through two subsidiaries, Tower Insurance Company of New York, a New York licensed property and casualty insurer, and Tower Risk Management Corporation, an insurance services provider. Tower offers property and casualty commercial and personal lines products and services in select markets not well served by other carriers.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2013 8:25 AM Hold
None
2.84 5.00
as of 12/13/2013
1 Week down  -3.07 %
1 Month down  -10.63 %
3 Months down  -72.40 %
1 YTD down  -78.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2013 8:25 AM Buy
None
4.04 5.25
3/15/2013 8:25 AM Buy
None
17.48 23.00

(*) Stock Price at the time of the recommendation.
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