Wells Fargo analyst Jason Haas lowered the firm’s price target on Verisk Analytics (VRSK) to $223 from $237 and keeps an Overweight rating on the shares. The firm notes the company delivered Q4 results above Street expectations despite persistent headwinds from low levels of severe weather, loss of a government contract, and competitive pressures in auto. Management sees demand for AI tools from small-midsized clients, Wells adds.
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