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Verisk Analytics initiated with an Outperform at Wolfe Research

Wolfe Research initiated coverage of Verisk Analytics (VRSK) with an Outperform rating and $320 price target which offers 21% upside. The firm says the company’s strong structural position, recurring revenue growth profile, industry-leading margins, and growth opportunities from areas such as extreme events and property estimating warrant a premium valuation relative to peers.

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