Wolfe Research upgraded Everest Group (EG) to Peer Perform from Underperform without a price target The firm cites better visibility into the company’s reserve adequacy and the post-earnings share selloff the upgrade.
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- Everest Group’s Earnings Call: Strategic Moves Amid Challenges
- Everest Group Sells Insurance Rights to AIG
- Everest Group’s Strategic Shift to Reinsurance Warrants Hold Rating Amid Operational Cost Concerns
- Everest Group price target lowered to $425 from $430 at Barclays
- Everest Group Strengthens Reserves with New Agreements