RBC Capital initiated coverage of Accelerant (ARX) with an Outperform rating and $33 price target The company’s insurance risk exchange is a “unique asset with a compelling value proposition” to managing general agent members and risk capital partners, the analyst tells investors in a research note. The firm expects Accelerant’s exchange to scale rapidly.
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Read More on ARX:
- Accelerant initiated with an Overweight at Piper Sandler
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- Accelerant initiated with a Neutral at Goldman Sachs
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