Keefe Bruyette raised the firm’s price target on Skyward Specialty Insurance (SKWD) to $60 from $59 and keeps an Outperform rating on the shares. The elimination of the Loss Portfolio Transfer’s credit risk and solid 2025 outlook should boost the shares, the analyst tells investors in a research note.
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Read More on SKWD:
- Skyward Specialty Insurance Reports Strong Growth and Agreements
- Skyward Specialty Insurance preliminary Q4 gross written premiums of $388.4M
- Skyward Specialty Insurance sees FY25 net income $138M-$150M
- Skyward Specialty Insurance initiated with a Hold at TD Cowen
- Skyward Specialty Insurance price target raised to $53 from $45 at Barclays