Barclays Initiates Coverage On WR Berkley with Underweight Rating, Announces Price Target of $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alex Scott has initiated coverage on WR Berkley with an Underweight rating and set a price target of $56.
September 04, 2024 | 11:59 pm
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Barclays has initiated coverage on WR Berkley with an Underweight rating and a price target of $56, suggesting potential downside.
The Underweight rating and a price target of $56 from Barclays suggest that the stock is expected to underperform relative to the market. This could lead to a negative short-term impact on WR Berkley's stock price as investors may react to the bearish outlook.
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IMPORTANCE 80
RELEVANCE 100