Piper Sandler analyst Paul Newsome raised the firm’s price target on Skyward Specialty Insurance (SKWD) to $66 from $57 and keeps an Overweight rating on the shares following quarterly results. The firm notes the company reported a beat versus its estimates and consensus’ numbers, mainly driven by a better-than-expected top line and lower than expected catastrophe losses.
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Read More on SKWD:
- Skyward Specialty Insurance Group Reports Strong Q1 2025 Results
- Skyward Specialty Insurance Shines in Q1 Earnings Call
- Skyward Specialty Insurance Group: A Strong Buy with Promising Growth and Market Positioning
- Skyward Specialty Insurance price target raised to $65 from $60 at Citizens JMP
- Skyward Specialty Insurance reports Q1 adjusted EPS 90c, consensus 77c
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