Everest Re (RE) Tops Q4 EPS Views

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Deutsche Bank Upgrades Everest Re Group (RE) to Buy

February 6, 2015 6:53 AM EST

Deutsche Bank upgraded Everest Re Group (NYSE: RE) from Hold to Buy with a price target of $198.00 (from $180.00).

Analyst Joshua Shanker said, "Everest Re is producing the best-in-class ROEs of the peer group. Shares currently trade at 1.1x book, and our forecast assumes that... More