tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

W. R. Berkley downgraded to Underperform from Market Perform at BMO Capital

BMO Capital downgraded W. R. Berkley (WRB) to Underperform from Market Perform with an unchanged price target of $64. The firm cites the company’s “decelerating fundamentals” and “relatively expensive” valuation for the downgrade. BMO believes Mitsui’s ownership stake in W. R. Berkley does not warrant a takeout premium to be embedded in the stock’s valuation.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1