Keefe Bruyette lowered the firm’s price target on Arch Capital (ACGL) to $113 from $120 and keeps an Outperform rating on the shares. The firm expects Arch’s cycle management strategy to sustain strong, profitable premium growth over the next 12 months, the analyst tells investors in a research note.
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Read More on ACGL:
- Arch Capital price target lowered to $110 from $125 at RBC Capital
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- Arch Capital Reports Q4 2024 Earnings Amid Catastrophic Losses
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- Arch Capital Group: Strong Underwriting Performance and Financial Metrics Justify Buy Rating
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