Barclays raised the firm’s price target on Skyward Specialty Insurance (SKWD) to $64 from $63 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the insurance group. With life earnings facing challenges Barclays favors group benefits, excess capital, and “cheap” cash flows, the analyst tells investors in a research note. The firm says the sector is “navigating uncertainty.”
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Read More on SKWD:
- Skyward Specialty Insurance downgraded to Hold from Buy at Jefferies
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- Skyward Specialty Insurance upgraded to Overweight from Equal Weight at Barclays
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