1
0
Shares of WR Berkley Corp (NYSE:WRB) have gained more than 7% over the past month after the company reported in late October upbeat third-quarter earnings.
The company is poised to benefit from continued strong casualty pricing increases well into 2025, according to Goldman Sachs.
Analyst Robert Cox upgraded the rating for WR Berkley from Neutral to Buy, while keeping the price target at $69.
The Thesis: The company is likely to continue earning insurance pricing higher than the claim cost trend, resulting in margin expansion, Cox said in the …
Full story available on Benzinga.com
Visited 1 times, 1 visit(s) today