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Jefferies expects pressure on Kinsale Capital after Q4 report

Jefferies analyst Andrew Andersen expects Kinsale Capital (KNSL) shares to be down today after the company reported 2% GPW growth in Q4, which missed the Street estimate 7% and was the lowest since the company came public in 2016. In addition to the growth miss, the firm points out notes of rising competition and keeps a Hold rating and $433 price target on the shares.

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