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Aspen Insurance price target lowered to $35 from $36 at Wells Fargo

Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Aspen Insurance (AHL) to $35 from $36 and keeps an Equal Weight rating on the shares post the Q2 report. The firm attributes the post-earnings selloff to Apsen’s weaker Q2 premium growth and underlying loss ratios plus casualty reserve strengthening.

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