Assured Guaranty stock rises after KBW upgrades to outperform on higher valuation

Assured Guaranty stock (NYSE:AGO) rose 3.78% after brokerage firm KBW upgraded it to Outperform from Market perform, citing that the company’s valuation at 0.70x year-end book looks very compelling.

The stock was trading at $79.60 in the morning on Tuesday. AGO had risen