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W. R. Berkley price target raised to $64 from $61 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on W. R. Berkley (WRB) to $64 from $61 and keeps a Market Perform rating on the shares. The firm expects the shares to trade up following confirmation that Mitsui Sumitomo Insurance will build a 15% stake through open market purchases and/or private transactions.

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