Cantor Fitzgerald analyst Ryan Tunis raised the firm’s price target on Arch Capital (ACGL) to $100 from $97 and keeps a Neutral rating on the shares. A volatile week for insurance saw brokers sell off on AI disintermediation fears, the analyst tells investors in a research note.
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Read More on ACGL:
- Arch Capital price target raised to $120 from $113 at Citi
- Arch Capital price target raised to $104 from $102 at Keefe Bruyette
- Arch Capital price target raised to $102 from $95 at Mizuho
- Arch Capital Earnings Call: Profits Surge Amid Pressure
- Arch Capital reports Q4 adjusted EPS $2.98, consensus $2.57
