Wells Fargo raised the firm’s price target on Baldwin Group (BWIN) to $25 from $24 and keeps an Underweight rating on the shares. The firm updated its estimates for the CAC deal, with the firm now modeling to the midpoint of its prior 2026 guide for revenue/EBITDA before the deal.
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Read More on BWIN:
- Baldwin Group price target lowered to $33 from $34 at BMO Capital
- Balanced Outlook Amid Operational and Strategic Challenges: Hold Rating for Baldwin Insurance Group
- Baldwin Insurance Group Announces Merger with CAC Group
- Baldwin Group enters definitive merger agreement with CAC Group
- Baldwin Group price target raised to $34 from $33 at BMO Capital