Keefe Bruyette raised the firm’s price target on Axis Capital (AXS) to $121 from $119 and keeps an Outperform rating on the shares. Axis bought just over 2.4 million shares from Stone Point Capital vehicle T-VIII PubOpps LP for $237.8M, or $98.90/share, above the firm’s previously modeled 4Q25 repurchases of 750,000 shares for $73.5M, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXS: