W. R. Berkley price target raised to $75 from $65 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on W. R. Berkley (WRB) to $75 from $65 and keeps a Market Perform rating on the shares. W.R. Berkley’s current valuation reasonably reflects its near-term growth and profitability prospects, the analyst tells investors in a research note.