Barclays analyst Alex Scott lowered the firm’s price target on W. R. Berkley (WRB) to $64 from $73 and keeps an Underweight rating on the shares. The firm adjusted ratings and price targets as part of its 2026 outlook for the North America property and casualty Insurance group. Pricing is softening across commercial and reinsurance, while personal lines look relatively better and brokers face organic growth headwinds, the analyst tells investors in a research note. Barclays recommends staying selective.
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