Jefferies analyst Yaron Kinar raised the firm’s price target on Baldwin Group (BWIN) to $44 from $43 and keeps a Hold rating on the shares. The firm’s preference into 2025 among the property and casualty insurance and insurtech space remains personal lines, citing strong and improving fundamentals and hard market conditions that will possibly be extended should tariffs be placed, while it believes it is “still too early to become more constructive on commercial lines,” the analyst tells investors in a group outlook note.
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Read More on BWIN:
- Baldwin Group downgraded to Underweight from Equal Weight at Wells Fargo
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- Baldwin Group price target lowered to $43 from $46 at Wells Fargo
- The Baldwin Group Reports Q3 2024 Earnings Growth
- Baldwin Group reports Q3 adjusted EPS 33c, consensus 34c
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