BofA raised the firm’s price target on Arch Capital to $109 from $105 and keeps a Buy rating on the shares after the company reported Q1 operating EPS that beat the consensus forecast as well as the firm’s forecast. Following strong premium growth in Reinsurance during the quarter, Arch has “demonstrated more attractive opportunities to deploy capital compared to peers,” says the firm, which is forecasting Arch to deliver a 15% ROE in 2026.
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