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W. R. Berkley price target lowered to $66 from $68 at Wells Fargo

Wells Fargo lowered the firm’s price target on W. R. Berkley (WRB) to $66 from $68 and keeps an Equal Weight rating on the shares. The firm notes the company reported EPS of $1.13, beating its $1.10 and in-line with the Street. Wells believes shares should underperform on the slowing premium growth.

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