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First American price target raised to $75 from $74 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on First American (FAF) to $75 from $74 and keeps a Market Perform rating on the shares. The higher investment income year over year is driving a roughly 50 basis point improvement in the firm’s estimated pre-tax margin in 2025 vs 2024, the analyst tells investors in a research note.

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