Truist analyst Mark Hughes raised the firm’s price target on Skyward Specialty Insurance (SKWD) to $61 from $54 and keeps a Buy rating on the shares. The company’s Q4 results featured topline acceleration, with Skyward also benefiting from a higher portfolio yield and a larger asset base, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKWD:
- Skyward Specialty Insurance Group Reports Strong 2024 Results
- Buy Rating on Skyward Specialty Insurance Group: Strong Earnings Potential and Strategic Positioning
- Skyward Specialty Insurance reports Q4 EPS 80c, consensus 74c
- SKWD Earnings this Week: How Will it Perform?
- Skyward Specialty Insurance price target raised to $60 from $53 at JMP Securities