Verisk's first-quarter profit beats on insurance-focused analytics demand
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May 2, 2024 5:30 AM EDT
BMO Capital analyst Jeffrey Silber raised the price target on Verisk Analytics (NASDAQ: VRSK) to $241.00 (from $238.00) while maintaining a Market Perform rating.
The analyst comments "Adjusted EPS beat expectations, mostly margin- and tax-driven. Both subscription and transactional revenue growth accelerated... More
May 2, 2024 5:27 AM EDT
Deutsche Bank analyst Faiza Alwy raised the price target on Verisk Analytics (NASDAQ: VRSK) to $262.00 (from $256.00) while maintaining a Hold rating.
The analyst comments "VRSK delivered +6.9% organic growth against a tough +9.8% comp, significantly outperforming expectations. Subscription growth accelerated to 7.8% against an 8.7% comp and... More
May 1, 2024 12:36 PM EDT
Morgan Stanley analyst Toni Kaplan raised the price target on Verisk Analytics (NASDAQ: VRSK) to $243.00 (from $232.00) while maintaining a Equalweight rating.
The analyst comments "Solid print with 1%/3% revenue/adj. EBITDA beat. Adj. EPS beat by 13c or 9%, though ~half due to tax. 2024 guidance reiterated,... More
