Everest Group price target lowered to $362 from $370 at Wells Fargo

Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Everest Group (EG) to $362 from $370 and keeps an Equal Weight rating on the shares. The firm notes that the quarter lost a little luster with the tariff backdrop and Wells thinks a bigger focus will be on any views of tariffs/ensuring macro backdrop.