Piper Sandler raised the firm’s price target on Accelerant (ARX) to $18 from $13 and keeps an Overweight rating on the shares following quarterly results. The release was constructive on growth, with 2026 guidance moving higher, though Q2 adjusted EBITDA guidance was below the firm’s prior estimate.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARX:
- Accelerant Holdings Earnings Call Highlights Platform Momentum
- Accelerant Earns Buy Rating on Strong Premium Growth, Raised Outlook, and Compelling Valuation Discount
- Accelerant rises 20.7%
- Accelerant Earns Buy Rating as Strong Q1 2026 Beat, Guidance Upgrade, and New $21 (from $20) Price Target Bolster Bullish View
- Accelerant reports Q1 adjusted EPS 17c, consensus 16c