Piper Sandler analyst Paul Newsome initiated coverage of Accelerant (ARX) with an Overweight rating and $35 price target The firm says the company connects specialty insurance underwriters with risk capital partners on its platform. Accelerant has multiple revenue streams across segments and should see “rapid” sales growth, the analyst tells investors in a research note.
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Read More on ARX:
- Accelerant initiated with a Market Perform at Citizens JMP
- Accelerant initiated with a Neutral at Goldman Sachs
- 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