Keefe Bruyette downgraded W. R. Berkley to Market Perform from Outperform with a price target of $80, up from $69. The analyst cites valuation for the downgrade, seeing more near-term appreciation potential at the reinsurers and personal insurers.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WRB:
- W. R. Berkley files automatic mixed securities shelf
- W. R. Berkley price target raised to $71 from $69 at BMO Capital
- Early notable gainers among liquid option names on October 24th
- W. R. Berkley reports Q3 operating EPS $1.35, consensus $1.18
- WRB Upcoming Earnings Report: What to Expect?
Questions or Comments about the article? Write to editor@tipranks.com