UBS lowered the firm’s price target on W. R. Berkley (WRB) to $71 from $75 and keeps a Neutral rating on the shares. Insurance brokers are well positioned for 2026, with organic revenue growth averaging 4.4% and EBITDA margins improving year over year despite property rate pressures, the analyst tells investors in a research note. With growth expectations reset and valuations reflecting a softer market, there is upside to consensus EPS and potential for multiple expansion, the firm says.
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Read More on WRB:
- W. R. Berkley price target lowered to $73 from $74 at Morgan Stanley
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- W. R. Berkley price target lowered to $66 from $69 at BofA
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