Goldman Sachs analyst Robert Cox initiated coverage of Accelerant (ARX) with a Neutral rating and $30 price target offering 6% upside. The firm believes the company offers a “unique” business model that has added value to each side of the insurance risk exchange. However, it views the shares as fully valued.
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Read More on ARX:
- Accelerant initiated with an Outperform at BMO Capital
- Balanced Outlook on Accelerant Holdings Class A: Strong Growth Potential Amidst Inherent Business Risks
- Accelerant Holdings Class A: Positioned for Growth and Innovation in the Insurance Sector
- Two new option listings and one option delisting on July 29th
- Opening Day: Accelerant, McGraw Hill come public