FIRST AMER FINL (FAF) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of FIRST AMER FINL (FAF) from OUTPERFORM to NEUTRAL on February 19, 2013, with a target price of $26.90.

First American Financial Corporation provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The Title Insurance and Services segment provides title insurance policies and provides escrow and real estate closing services on residential and commercial property. It also maintains, manages, and provides access to automated title plant records and images accommodates tax-deferred exchanges of real estate and provides investment advisory, trust, lending, and deposit services. The Specialty Insurance segment offers property and casualty insurance, including homeowners insurance, as well as provides home warranty policies. This segment markets its property and casualty insurance products through direct distribution channels, including employees and agents, as well as a network of brokers. First American Financial Corporation is based in Santa Ana, California.

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