Everest Group price target raised to $371 from $362 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Everest Group (EG) to $371 from $362 and keeps an Equal Weight rating on the shares. The firm updated estimates post the company’s Q2 report. Everest’s reinsurance underlying results were better than expected, but insurance and other verticals were mixed, the analyst tells investors in a research note.