Cantor Fitzgerald lowered the firm’s price target on WTW (WTW) to $354 from $363 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the insurance group as part of a Q1 earnings preview. Soft market conditions are better reflected in reinsurer valuations than in specialty and commercial lines, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WTW: