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Skyward Specialty Insurance price target raised to $66 from $57 at Piper Sandler

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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