William Blair analyst Adam Klauber has maintained their bullish stance on SKWD stock, giving a Buy rating today.
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Adam Klauber has given his Buy rating due to a combination of factors that highlight Skyward Specialty Insurance Group, Inc.’s strong growth potential and favorable market positioning. The company is expected to continue surpassing earnings expectations, driven by robust top-line growth and stable margin performance.
Skyward’s premium growth is anticipated to benefit from the rising demand for specialty and E&S coverage. Additionally, the company’s focus on less volatile lines and a conservative reserving strategy supports consistent margins. Trading at a valuation lower than its peers, Skyward’s mid-teens growth in both revenue and earnings, along with potential earnings surprises, positions the stock as an attractive investment opportunity.
In another report released today, Barclays also maintained a Buy rating on the stock with a $64.00 price target.