Verisk Analytics (VRSK) PT Raised to $92 at Deutsche Bank; Revenues Solid But Margins Underwhelm
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Price: $164.33 +0.64%
Rating Summary:
15 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 26 | Down: 17 | New: 36
Rating Summary:
15 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 26 | Down: 17 | New: 36
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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.
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