KBW Lowers RDN Target To $10 From $13

Following Radian Group Inc.'s RDN 4Q10 earnings results, “we are lowering our 2011 operating EPS estimate to ($0.28) from $0.28 and introducing a 2012 estimate of $0.94,” KBW reports. “Our price target moves to $10 from $13 and our rating remains at Outperform,” KBW writes. Radian Group Inc. closed Friday at $6.82.