Stewart price target lowered to $70 from $72 at BTIG

BTIG analyst Soham Bhonsle lowered the firm’s price target on Stewart to $70 from $72 but keeps a Buy rating on the shares. The company’s Q4 results indicate that order trends so far in January/February have been mixed and that commercial volumes remain challenged, though there’s cautious optimism for FY24, the analyst tells investors in a research note.