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Ryan Specialty price target raised to $63 from $61 at Wells Fargo

Wells Fargo raised the firm’s price target on Ryan Specialty (RYAN) to $63 from $61 and keeps an Overweight rating on the shares. Into quarterly results for the insurance space, the firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/capital/guidance for life companies.

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