Cantor Fitzgerald lowered the firm’s price target on W. R. Berkley (WRB) to $78 from $82 and keeps an Overweight rating on the shares. While this week’s results are unlikely to change sentiment with the market clearly in transition, results have been good enough to suggest that the sell-off late last week was overdone, the analyst tells investors in a research note.
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Read More on WRB:
- W. R. Berkley downgraded to Underperform from Market Perform at BMO Capital
- W.R. Berkley Reports Strong Q3 Earnings Amid Market Challenges
- W. R. Berkley price target raised to $84 from $80 at Truist
- W. R. Berkley price target lowered to $74 from $79 at BofA
- W. R. Berkley price target lowered to $66 from $69 at Wells Fargo