Wells Fargo maintains Overweight on Axis Capital, raises target to $134
Wells Fargo analyst Elyse Greenspan maintained an Overweight rating for Axis Capital Holdings, raising the price target to $134 from $119 based on a revised valuation outlook.

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Wells Fargo analyst Elyse Greenspan has maintained an Overweight rating for Axis Capital Holdings, raising the price target to $134 from $119. The adjustment reflects a revised valuation outlook for the company.
Rating and Price Target Details
The research note confirms the firm's positive stance on Axis Capital Holdings. The new price target represents an increase from the previous level of $119.
| Metric | Value |
|---|---|
| Rating | Overweight |
| Previous Price Target | $119 |
| New Price Target | $134 |
What specific factors drove the revised valuation outlook for Axis Capital Holdings?
How might Axis Capital's recent performance compare to its competitors in the insurance sector?
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