TD Cowen raised the firm’s price target on Axis Capital (AXS) to $130 from $127 and keeps a Buy rating on the shares. The firm updated its model after hosintg management who reiterated confidence in its underwriting, aided by continued G&A ratio improvement.
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.
- 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:
- Axis Capital price target raised to $118 from $114 at Keefe Bruyette
- Axis Capital price target raised to $104 from $100 at Wells Fargo
- AXIS Capital Reports Strong Q1 2025 Earnings
- AXIS Capital’s Earnings Call: Record Growth Amid Challenges
- Axis Capital: Strong Financial Performance and Strategic Initiatives Drive Buy Rating and Raised Price Objective