SunTrust analyst Andrew Jeffrey raised his price target on Verisk Analytics to $120 after its Q3 earnings beat this week, saying the company's Insurance Underwriting business is highlighting its competitive position with a 6% organic revenue growth while its Energy segment is rebounding with a 1% organic growth. The analyst notes that he is positive on the company's new technology, pricing power, and scale that justify its premium multiple, but also sees the risk-reward for Verisk as balanced because of its "exposure to changing end markets" and "greater-than-appreciated cyclicality".