Morgan Stanley raised the firm’s price target on Bowhead Specialty (BOW) to $28 from $27 and keeps an Equal Weight rating on the shares. Most property and casualty insurance companies saw slower premium growth, but substantial underwriting profit in Q1, notes the analyst, who expects pricing and premiums to further deteriorate. The firm adjusted targets for the group following the Q1 earnings season.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOW:
- Bowhead Specialty price target raised to $34 from $31 at Keefe Bruyette
- Bowhead Specialty price target raised to $27 from $25 at Morgan Stanley
- Bowhead Specialty Earnings Call Highlights Profitable Growth
- Bowhead Specialty Reports Strong First-Quarter 2026 Financial Results
- Bowhead Specialty reports Q1 adjusted EPS 48c, consensus 41c