Accelerant Holdings Class A (ARX) Receives a Buy from Piper Sandler
In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Accelerant Holdings Class A, with a price target of $18.00.
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Newsome covers the Financial sector, focusing on stocks such as Allstate, Hartford Financial, and Old Republic International. According to TipRanks, Newsome has an average return of 11.2% and a 65.66% success rate on recommended stocks.
Currently, the analyst consensus on Accelerant Holdings Class A is a Moderate Buy with an average price target of $22.00.
Based on Accelerant Holdings Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $204.2 million and a net profit of $8.8 million.
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