BofA lowered the firm’s price target on W. R. Berkley (WRB) to $68 from $73 and keeps a Neutral rating on the shares. Berkley’s Q1 result came in a penny ahead of consensus, but short of the firm’s $1.05 forecast, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WRB:
- Balanced Outlook on W. R. Berkley: Strong Reinsurance Performance Amidst Challenges
- W. R. Berkley price target raised to $65 from $62 at Keefe Bruyette
- W. R. Berkley price target raised to $70 from $69 at Wells Fargo
- Mixed Performance and Uncertainties Lead to Hold Rating for W. R. Berkley Corporation
- W. R. Berkley Reports Strong Q1 2025 Results