Morgan Stanley lowered the firm’s price target on Bowhead Specialty (BOW) to $31 from $34 and keeps an Equal Weight rating on the shares. The firm said that, broadly speaking, commercial property and casualty continues to face growth headwinds from the commercial property pricing slowdown in both primary and reinsurance sub-sectors.
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Read More on BOW:
- Bowhead Specialty price target lowered to $38 from $42 at Keefe Bruyette
- Bowhead Specialty Expands Board with New Director
- Bowhead Specialty price target lowered to $33 from $38 at Piper Sandler
- Bowhead Specialty price target lowered to $34 from $37 at Morgan Stanley
- Bowhead Specialty price target lowered to $42 from $45 at Keefe Bruyette