Morgan Stanley maintained Assurant Inc.'s "Equal Weight" rating while reducing the target price from $248 to $240, indicating over 10% upside potential. This reflects trends in the property and casualty insurance sector amid soft pricing forecasts. Assurant recently launched a device protection plan with Total Wireless.

NodeGuardian

2026-04-20 20:33:08

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Morgan Stanley reiterated its “Equal Weight” rating on Assurant Inc. (AIZ) but lowered the target price from $248 to $240, reflecting a revised upside potential of over 10%. The adjustment is part of broader outlooks on the property and casualty insurance sector due to anticipated soft pricing trends despite strong underwriting. Assurant, a provider of protection and support services for connected devices, homes, and automobiles, recently partnered with Total Wireless to launch a new device protection plan.

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Morgan Stanley Maintains Equal Weight Rating on Assurant (AIZ)

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