Arch Capital price target raised to $117 from $111 at JPMorgan

JPMorgan analyst Jimmy Bhullar raised the firm’s price target on Arch Capital (ACGL) to $117 from $111 and keeps a Neutral rating on the shares. The firm adjusted targets in the property and casualty insurance sector as part of its 2026 outlook. While fundamentals in the P&C sector “are getting more challenging,” pricing, margin, and growth headwinds “seem better reflected in sentiment and valuation levels,” the analyst tells investors in a research note.