Arch Insurance North America (ACGL) Acquires Allianz’s U.S. MidCorp and Entertainment Insurance Businesses

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Go back to Arch Insurance North America (ACGL) Acquires Allianz’s U.S. MidCorp and Entertainment Insurance Businesses

Arch Capital (ACGL) PT Lowered to $114 at Jefferies

August 2, 2024 12:39 PM EDT

Jefferies analyst Yaron Kinar lowered the price target on Arch Capital (NASDAQ: ACGL) to $114.00 (from $117.00) while maintaining a Buy rating.

The analyst comments "We increase our '24E-'26E EPS, with greater NII offsetting lighter NPE growth (albeit at improved return levels in Reins).... More