Mizuho lowered the firm’s price target on Ryan Specialty (RYAN) to $42 from $44 and keeps a Neutral rating on the shares. The firm adjusted estimates and targets among its North America insurance coverage, stating that it is most constructive on brokers, expects commercial pricing pressure moderation among property and casualty insurers and believes the setup for life insurers is “the most challenging.”
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Read More on RYAN:
- Ryan Specialty price target lowered to $43 from $49 at JPMorgan
- Ryan Specialty price target lowered to $40 from $45 at Cantor Fitzgerald
- Ryan Specialty price target lowered to $59 from $65 at UBS
- Ryan Specialty price target lowered to $41 from $45 at Barclays
- Ryan Specialty price target lowered to $49 from $55 at Keefe Bruyette
