Keefe Bruyette analyst Meyer Shields raised the firm’s price target on Axis Capital (AXS) to $118 from $115 and keeps an Outperform rating on the shares. The firm has increased confidence in Axis Capital’s overall reserve adequacy, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXS: