tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Axis Capital price target raised to $104 from $100 at Wells Fargo

Wells Fargo raised the firm’s price target on Axis Capital (AXS) to $104 from $100 and keeps an Equal Weight rating on the shares. The firm notes that things have gotten better for Axis with lack of reserve noise and stabilized margins. With that being said, for the shares to continue to rerate higher premium growth needs to improve, Wells argues.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1