Keefe Bruyette lowered the firm’s price target on Arch Capital (ACGL) to $113 from $120 and keeps an Outperform rating on the shares. The firm expects Arch’s cycle management strategy to sustain strong, profitable premium growth over the next 12 months, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACGL:
- Arch Capital price target lowered to $110 from $125 at RBC Capital
- 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