Arch Capital price target raised to $67 from $57 at Barclays

Barclays analyst Tracy Benguigui raised the firm’s price target on Arch Capital to $67 from $57 and keeps an Overweight rating on the shares. The analyst is bullish about the company’s 1/1 renewals given property catastrophe rate increases. Arch’s superior cycle management and underweight catastrophe position are "clear differentiators," Benguigui tells investors in a research note.