DONEGAL GRP -A (DGICA) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of DONEGAL GRP -A (DGICA) from NEUTRAL to OUTPERFORM on May 24, 2012, with a target price of $16.30.

Donegal Group Inc. is a regional property-casualty insurance holding company doing business in Mid-Atlantic and Southern states through its insurance subsidiaries: Atlantic States Insurance Company, Southern Heritage Insurance Company, Southern Insurance Company of Virginia, Delaware Atlantic Insurance Company, Pioneer Insurance Company, Ohio and Pioneer Insurance Company, New York.

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