Truist Securities Maintains Buy on WR Berkley, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Buy rating on WR Berkley (NYSE:WRB) but lowered the price target from $95 to $93.

April 24, 2024 | 1:09 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on WR Berkley but lowers the price target from $95 to $93.
The adjustment in price target by Truist Securities reflects a slight modification in their valuation assessment of WR Berkley. While the Buy rating indicates continued confidence in the company's performance, the reduced price target may temper expectations slightly. However, the impact is likely neutral in the short term as the adjustment is minor and the Buy rating remains unchanged, suggesting that the overall investment thesis on WR Berkley by Truist Securities remains positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100