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After the CEO change at Everest Group Ltd. (NYSE:EG), the new management team needs to take bold steps, like setting lower expectations and put in efforts to ensure the stock produces results more consistently, according to BMO Capital Markets.
The Everest Group Analyst: Analyst Michael Zaremski upgraded the rating for Everest Group from Market Perform to Outperform, while raising the price target from $372 to $453.
The Everest Group Thesis: The company announced Wednesday the departure of its CEO and named Jim Williamson …
Full story available on Benzinga.com
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