Keefe Bruyette lowered the firm’s price target on Fidelis Insurance (FIHL) to $23 from $24 and keeps an Outperform rating on the shares. Fidelis Insurance’s current share price undervalues the solid book value growth that the firm expects from strong underwriting prospects and accretive share repurchases, the analyst tells investors in a research note.
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Read More on FIHL:
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