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Ryan Specialty price target raised to $67 from $63 at UBS

UBS analyst Brian Meredith raised the firm’s price target on Ryan Specialty to $67 from $63 and keeps a Buy rating on the shares. The macro environment continues to support good fundamentals for the life insurers and the firm expects P&C earnings to reflect strong fundamentals with some caution in results from uncertain “tort” inflation, the analyst tells investors in a set of preview notes.

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