BMO Capital Maintains Market Perform on WR Berkley, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski has maintained a 'Market Perform' rating on WR Berkley (NYSE:WRB) and increased the price target from $71 to $81.

January 26, 2024 | 2:12 pm
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POSITIVE IMPACT
BMO Capital has raised the price target for WR Berkley from $71 to $81 while maintaining a 'Market Perform' rating.
The increase in price target by BMO Capital suggests a positive outlook on WR Berkley's stock value in the short term. This could lead to increased investor confidence and a potential rise in the stock price, as the new target represents an upside from the previous target. However, the 'Market Perform' rating indicates that the stock is expected to perform in line with the market, which tempers the impact slightly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100