** KBW upgrades Insurer Assurant AIZ.N to "outperform" from "market perform"; raises PT to $230 from $212
** Brokerage sees growth in auto underwriting margins and Connected Living unit, which provides mobile device solutions
** Last month, AIZ reported a better-than-expected Q4 profit, driven by growth in its global housing insurance business
** "Housing (lender-placed) profit growth remains robust, benefiting from voluntary market pressures and expense leverage" - KBW
** Average rating is equivalent of "buy", with a median PT of $230 - LSEG
** As of last close, stock had fallen 6% compared with a 4% increase in the S&P 500 index .SPX YTD
(Reporting by Rashika Singh in Bengaluru)
((rashika.singh@thomsonreuters.com))
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