BMO Capital Initiates Coverage On Skyward Specialty with Market Perform Rating, Announces Price Target of $27
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Michael Zaremski has initiated coverage on Skyward Specialty (NASDAQ:SKWD) with a Market Perform rating and a price target of $27.
July 31, 2023 | 11:15 am
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NEUTRAL IMPACT
Skyward Specialty (NASDAQ:SKWD) has been initiated with a Market Perform rating by BMO Capital, with a price target of $27.
The initiation of coverage by BMO Capital with a Market Perform rating suggests that the analyst believes the stock will perform in line with the market average. This is neither a strong buy nor a sell signal, hence the neutral score. The price target of $27 provides a reference point for investors, but does not necessarily imply a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100