BMO Capital analyst Michael Zaremski raised the firm’s price target on Everest Group (EG) to $376 from $366 and keeps a Market Perform rating on the shares. The firm believes that the company’s downward EPS revision trend line has abated alongside its restructuring program, the analyst tells investors in a research note. Everest shares remain enticing to value-oriented investors, though the company’s push into higher RoE property comes with added catastrophe volatility, the firm added.
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