Kemper price target raised to $82 from $75 at Raymond James

Raymond James raised the firm’s price target on Kemper (KMPR) to $82 from $75 and keeps a Strong Buy rating on the shares in conjunction with the firm’s 2025 playbook and outlook note for the insurance group. The firm believes the near-term outlook of more stable inflationary pressures, steady economic growth, and a deceleration in the rate of change for price increases in the property / casualty industry will lead to moderating rates of organic revenue growth for most companies over the next 24 months, while adding that it also expect most companies to continue to report elevated returns despite potential negative near-term pricing headlines.