Arch Capital Group Ltd. Releases 2023 Sustainability Reports
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Arch Capital (ACGL) PT Raised to $110 at Roth/MKM
April 5, 2024 11:44 AM EDTRoth/MKM analyst Harry Fong raised the price target on Arch Capital (NASDAQ: ACGL) to $110.00 (from $100.00) while maintaining a Buy rating.
The analyst comments "ACGL announced the bolt-on acquisition of Allianzs U.S. MidCorp and Entertainment Insurance Businesses for $450 million in cash consideration. This business writes gross premiums of $1.7 billion and was essentially the former Fireman's Fund Insurances commercial business. The deal is structured as a loss portfolio transfer (LPT) of $2... More
