Keefe Bruyette lowered the firm’s price target on Bowhead Specialty (BOW) to $42 from $45 and keeps an Outperform rating on the shares. Bowhead’s current valuation underappreciates its very strong premium growth prospects, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOW:
- Bowhead Specialty Completes Secondary Offering of Shares
- Trade Desk downgraded, Instacart upgraded: Wall Street’s top analyst calls
- Bowhead Specialty initiated with a Buy at Deutsche Bank
- Bowhead Specialty 2M share Spot Secondary priced at $30.80
- Bowhead Specialty announces offering of 2M shares of common stock for holders