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Bowhead Specialty price target raised to $40 from $38 at Citizens JMP

Citizens JMP analyst Matthew Carletti raised the firm’s price target on Bowhead Specialty (BOW) to $40 from $38 and keeps an Outperform rating on the shares. The firm expects Q1 results to be highlighted by catastrophe losses and ongoing concerns around casualty loss reserves, while tariff uncertainty and the possible impacts on inflation will likely also be a key focus, the analyst tells investors in a research note.

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