Ategrity Specialty price target raised to $25 from $23 at Wells Fargo

Wells Fargo raised the firm’s price target on Ategrity Specialty (ASIC) to $25 from $23 and keeps an Overweight rating on the shares. Into quarterly results for the insurance space, the firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/capital/guidance for life companies.