Form 8-K AMBAC FINANCIAL GROUP For: Aug 05

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Ambac Financial (AMBC) PT Lowered to $13 at Roth/MKM

August 6, 2024 5:09 AM EDT

Roth/MKM analyst Harry Fong lowered the price target on Ambac Financial (NYSE: AMBC) to $13.00 (from $16.00) while maintaining a Neutral rating.

The analyst comments "Ambac reported 2024 second quarter adjusted EPS of $0.18 per share against the consensus estimate of $0.15 and our $0.19 estimate.... More