tiprankstipranks

Arch Capital price target lowered to $113 from $120 at Keefe Bruyette

Arch Capital price target lowered to $113 from $120 at Keefe Bruyette

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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue