Kemper price target raised to $80 from $75 at JMP Securities

JMP Securities raised the firm’s price target on Kemper to $80 from $75 and keeps an Outperform rating on the shares. The firm expects Q2 results to be highlighted by an elevated level of catastrophes, ongoing concerns around casualty loss reserves, and negligible mark-to-market impacts on investment portfolios, the analyst tells investors in a research note.