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Arch Capital price target raised to $110 from $108 at Wells Fargo

Wells Fargo raised the firm’s price target on Arch Capital (ACGL) to $110 from $108 and keeps an Overweight rating on the shares. The firm says the focus should be on views on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies.

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