Barclays raised the firm’s price target on Arch Capital to $81 from $78 and keeps an Overweight rating on the shares post the Q1 results. The analyst says the company’s reinsurance growth hasn’t translated yet to margin expansion.
Published first on TheFly
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Read More on ACGL:
- Arch Capital price target raised to $85 from $75 at JMP Securities
- Arch Capital reports Q1 operating EPS $1.73, consensus $1.45
- Arch Capital price target raised to $78 from $77 at Barclays
- Arch Capital price target lowered to $80 from $86 at Jefferies
- Arch Capital price target raised to $62 from $58 at JPMorgan
