Piper Sandler raised the firm’s price target on Skyward Specialty Insurance (SKWD) to $54 from $48 and keeps an Overweight rating on the shares following quarterly results. The firm notes the EPS beat was driven primarily by a combination of better-than-expected net investment income and underwriting results. Topline growth was not as great as quarters past, but still solidly above average, Piper adds.
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Read More on SKWD:
- Skyward Specialty Insurance Group Reports Strong Q3 2024 Growth
- Skyward Specialty Insurance price target raised to $53 from $50 at JMP Securities
- Skyward Specialty Insurance price target raised to $45 from $44 at Barclays
- Skyward Specialty Insurance reports Q3 EPS 71c, consensus 65c
- Skyward Specialty Reports Strong Q3 Performance and Growth
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