Raymond James analyst C. Gregory Peters raised the firm’s price target on Skyward Specialty Insurance to $36 from $30 and keeps a Strong Buy rating on the shares. The Strong Buy rating reflects the firm’s outlook for strong premium growth, stable underlying margins, and increasing NII which should position the company to report mid-teens operating ROBEs through 2025, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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 SKWD:
- Skyward Specialty Insurance 5M share Secondary priced at $30.50
- Skyward Specialty Announces Pricing of Its Upsized Follow-On Offering of Its Common Stock
- Skyward Specialty Announces Follow-On Offering of its Common Stock
- Skyward Specialty announces offering of 4.5M shares of common stock
- Skyward Specialty Insurance files to sell 4.5M shares of common stock