FAF was recommended by Upside at $22.80 in Investment Digest issue 728, dated October 10, 2012.
“First American Financial (FAF, $24) is being downgraded to Sell. The provider of title insurance posted solid December-quarter results, as per-share profits more than doubled on 28% revenue growth. First American, which boasts a 97 Overall score, has benefited from an improved housing market. But applications for loan refinancing and new mortgages appear to have peaked, tempering our outlook and enthusiasm for the shares. First American, originally recommended as a Best Buy at $21.76 in September, should be sold.”
- Richard J. Moroney, CFA, Upside, March 4, 2013