Verisk Analytics (VRSK) PT Raised to $92 at Deutsche Bank; Revenues Solid But Margins Underwhelm
Deutsche Bank raised its price target on Verisk Analytics (NASDAQ: VRSK) to $92.00 (from $82.00) while maintaining a Hold rating.
Analyst Kevin McVeigh notes while revenue was solid, margins underwhelmed.
McVeigh also said the drivers of the beat, notably insurance as that outperformance might be due to one-time revenue after wildfires impacted California.
