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.
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