Piper Sandler lowered the firm’s price target on ProAssurance to $16 from $19 and keeps an Overweight rating on the shares. The firm says that third quarter results were “unquestionably disappointing,” but thinks the price has overcompensated for the bad quarter.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PRA: