Wells Fargo analyst Elyse Greenspan initiated coverage of Accelerant (ARX) with an Equal Weight rating and $28 price target The firm says Accelerant offers a data-driven exchange that connects selected specialty underwriters with risk capital partners. It views the stock as fairly valued at current levels.
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Read More on ARX:
- Accelerant Holdings Class A: Strong Buy Rating Driven by Strategic Positioning and Growth Potential in Specialty Insurance
- Accelerant initiated with an Outperform at RBC Capital
- Accelerant initiated with an Overweight at Piper Sandler
- Accelerant initiated with a Market Perform at Citizens JMP
- Accelerant initiated with a Neutral at Goldman Sachs
