United jumps 17% on Raymond James call amid Florida turmoil
Shares in Florida's United Insurance Holdings climbed 17
percent today after a bullish analyst upgraded the homeowners'
insurer to a "strong buy" recommendation.
The quartet of other publicly traded Floridians were buoyed too,
with Federated National up 4.2 percent, Heritage rising 3.8
percent, Universal gaining 2.7 percent and HCI Group closing 1
percent higher.
In a turbulent week for Florida property insurers following
Monday's suspension of guidance and threat of downgrades from
Demotech, Ra
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