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Re: inflationista post# 404

Thursday, 10/15/2009 3:10:24 PM

Thursday, October 15, 2009 3:10:24 PM

Post# of 430
Still have all my shares of CNO....this one will ride to =

FBR Capital Markets analyst raised his target price to $9 from $4
While the moves will dilute existing shareholders they will allow Conseco to retire debt and could help offset credit losses, FBR Capital Markets analyst Randy Binner said in a note to investors Wednesday. He upgraded Conseco to "outperform" from "market price" and raised his target price to $9 from $4.

Analysts at Moody's Investors Services on Wednesday boosted the outlook for insurer Conseco Inc. to positive from negative, citing the company's efforts to pay down debt and boost capital.

They viewed the plans positively with Credit Suisse analyst Thomas Gallagher saying it's a "significant positive step in restoring the company's focus towards its core insurance operations."

Standard & Poor's said Wednesday it raised the ratings outlook on Conseco Inc. to stable from negative on an announced recapitalization plan

Book value 13.00 after Q2

and after Q3 ???
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