BofA lowered the firm’s price target on W. R. Berkley (WRB) to $66 from $69 and keeps a Neutral rating on the shares. Berkley’s Q4 result fell a penny short of the firm’s forecast of $4.14, but came in-line with Street consensus, the analyst noted. While the firm’s 2026 estimate remains unchanged, its 2027 and 2028 forecasts decline, predominantly due to lower premium growth, the analyst added.
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