Barclays lowered the firm’s price target on Fidelis Insurance (FIHL) to $18 from $20 and keeps an Equal Weight rating on the shares following the Q4 update.
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Read More on FIHL:
- Fidelis Insurance Updates on Loss Reserves and Catastrophe Estimates
- Fidelis incurred net adverse development to Aviation business in Q4
- Fidelis estimates California wildfire catastrophe loses of $160M-$190M
- Cooperman’s Omega Advisors buys KBR, cuts Fiserv in Q4
- Fidelis Insurance price target lowered to $25 from $26 at Keefe Bruyette