Accelerant Holdings Class A (ARX) Receives a Hold from Wells Fargo
In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Accelerant Holdings Class A, with a price target of $17.00.
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According to TipRanks, Greenspan is a 4-star analyst with an average return of 6.5% and a 54.46% success rate. Greenspan covers the Financial sector, focusing on stocks such as Progressive, Allstate, and Ryan Specialty Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Accelerant Holdings Class A with a $21.25 average price target.
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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