JMP Securities analyst Matthew Carletti raised the firm’s price target on Skyward Specialty Insurance to $35 from $33 and keeps an Outperform rating on the shares. Skyward reported strong Q3 results, with operating EPS handily beating the firm’s estimates amid a better-than-expected loss ratio, the analyst tells investors in a research note.
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Read More on SKWD:
- Skyward Specialty Insurance reports Q3 adjusted EPS 65c, consensus 36c
- Skyward Specialty Insurance Group Reports Third Quarter 2023 Results
- Skyward Specialty Insurance announces additional expansion in surety division
- Skyward Specialty Adds Seven in Strategic Move to Reach New Surety Markets
- Skyward Specialty Insurance price target raised to $33 from $32 at JMP Securities