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Fly News Breaks for January 17, 2017
WRB
Jan 17, 2017 | 07:29 EDT
Macquarie analyst Amit Kumar upgraded W. R. Berkley two notches to Outperform from Underperform with a $77 price target given a more positive commercial outlook. Kumar expects the company to benefit from Trump's focus on business, a lower corporate tax rate as well as the "trickledown" effect of premium growth.