Verisk Analytics (VRSK) PT Raised to $92 at Deutsche Bank; Revenues Solid But Margins Underwhelm
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Price: $179.21 -1.63%
Rating Summary:
14 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 110
Rating Summary:
14 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 110
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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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