RBC Capital lowered the firm’s price target on Arch Capital (ACGL) to $110 from $125 and keeps an Outperform rating on the shares. The company’s Q4 results were a good finish to the year even with somewhat larger Q4 catastrophe losses, though premium growth decelerated a bit as Arch exercises cycle management, the analyst tells investors in a research note.
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Read More on ACGL:
- Arch Capital price target lowered to $106 from $107 at Wells Fargo
- Arch Capital Reports Q4 2024 Earnings Amid Catastrophic Losses
- Arch Capital’s Resilient Growth Amidst Challenges
- Arch Capital Group: Strong Underwriting Performance and Financial Metrics Justify Buy Rating
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