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.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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