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MBIA (NYSE:MBI) was upgraded by stock analysts at McLean Capital Management from a “sell” rating to a “neutral” rating in a report issued on Friday, reports.

MBIA (NYSE:MBI) traded up 0.88% during mid-day trading on Friday, hitting $12.55. 1,343,662 shares of the company’s stock traded hands. MBIA has a 52-week low of $8.73 and a 52-week high of $16.15. The stock’s 50-day moving average is $11.67 and its 200-day moving average is $11.70. The company has a market cap of $2.413 billion and a price-to-earnings ratio of 3.25.

MBIA Inc (NYSE:MBI) together with its consolidated subsidiaries, operates the financial guarantee insurance businesses in the industry and is a provider of asset management advisory services.

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