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Skyward Specialty Insurance price target lowered to $59 from $69 at Piper Sandler

Piper Sandler lowered the firm’s price target on Skyward Specialty Insurance (SKWD) to $59 from $69 and keeps an Overweight rating on the shares following quarterly results. The firm notes top-line slowdown in recent quarters was an issue for some investors, but this quarter leads it to believe the pop in growth last quarter was not an anomaly.

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