Axis Capital Holdings (AXS) Tops Q2 EPS by 43c

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Go back to Axis Capital Holdings (AXS) Tops Q2 EPS by 43c

BMO Capital Upgrades AXIS Capital (AXS) to Market Perform

July 31, 2014 6:37 AM EDT

BMO Capital upgraded AXIS Capital (NYSE: AXS) from Underperform to Market Perform with a price target of $46.00 (from $44.00) following 2Q14 results.

Analyst Charles J. Sebaski cited: 1) At the current valuation we see limited name specific downside; 2) The underwriting deterioration, which was a... More