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Keefe, Bruyette & Woods Upgrades Verisk Analytics (VRSK) to Outperform; Quality Franchise at Attractive Valuation

August 19, 2011 7:21 AM EDT
Get Alerts VRSK Hot Sheet
Price: $222.25 --0%

Rating Summary:
    10 Buy, 14 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 2 | Down: 3 | New: 2
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Keefe, Bruyette & Woods upgraded Verisk Analytics (NASDAQ: VRSK) from Market Perform to Outperform with a price target of $39.00.

KBW analyst says, "In addition to having a favorable opinion of the company's business model and growth prospects going forward, following a recent pullback in its share price, there is now over 20% potential upside to our $39 price target (12.5x 12-month forward EV/EBITDA)."

For more ratings news on Verisk Analytics click here and for the rating history of Verisk Analytics click here.

Shares of Verisk Analytics closed at $31.68 yesterday.


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