Morgan Stanley analyst Bob Jian Huang lowered the firm’s price target on TWFG (TWFG) to $30 from $32 and keeps an Equal Weight rating on the shares. The firm said that, broadly speaking, commercial property and casualty continues to face growth headwinds from the commercial property pricing slowdown in both primary and reinsurance sub-sectors.
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Read More on TWFG:
- TWFG price target lowered to $31 from $32 at Keefe Bruyette
- TWFG price target lowered to $32 from $35 at Morgan Stanley
- TWFG price target lowered to $32 from $38 at Piper Sandler
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