Verisk Analytics price target raised to $340 from $320 at Argus

Argus raised the firm’s price target on Verisk Analytics (VRSK) to $340 from $320 and keeps a Buy rating on the shares. The analyst cites the company’s Q4 earnings beat that “reflected solid revenue growth”, and the firm believes that Verisk’s accelerating revenue and strong business model will appeal to investors, even in a challenging environment for property and casualty – P&C – insurers, the analyst tells investors in a research note.