Keefe, Bruyette & Woods Maintains Outperform on Skyward Specialty, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on Skyward Specialty (NASDAQ:SKWD) and raises the price target from $44 to $46.
May 08, 2024 | 1:53 pm
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Skyward Specialty's Outperform rating is maintained by Keefe, Bruyette & Woods, with the price target increased from $44 to $46.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting that the firm believes the stock has a higher potential value than previously estimated. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100