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Fly News Breaks for November 15, 2016
WRB
Nov 15, 2016 | 07:21 EDT
Goldman analyst Michael Nannizzi downgraded W. R. Berkley to Neutral and lowered its price target to $60 from $64. The analyst said W. R. Berkley lacks near-term catalysts and the build out of its high-net-worth platform will likely to be negatively impact earnings and capital that would otherwise be available for buybacks.
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