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Fly News Breaks for February 22, 2018
VRSK
Feb 22, 2018 | 09:08 EDT
SunTrust analyst Andrew Jeffrey raised his price target on Verisk Analytics to $105 after the company's Q4 earnings beat, citing improving organic revenue growth, better operating performance disclosure, and a longer-term view of more consistent pricing and margins. Jeffrey keeps his Hold rating on Verisk, saying the near-term margin outlook is constrained by accelerating investment spending, but adds that the longer-term focus to de-emphasize acquisitions could offer possible entry points on the stock.
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