Ryan Specialty price target raised to $92 from $89 at BofA
BofA raised the firm's price target on Ryan Specialty (RYAN) to $92 from $89 and keeps a Buy rating on the shares. Incorporating Q4 results into the firm's model, BofA's forward EPS projections decline from higher expense projections in 2025, but expansion in S&P 500 P/E multiple more than offsets the decline in EPS projections, driving the firm's raised price target the analyst tells investors.
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Read More on RYAN:
Ryan Specialty price target lowered to $76 from $77 at Keefe Bruyette
Buy Recommendation for Ryan Specialty Group Amid Strong Financial Performance and Growth Prospects
Strong Financial Performance and Strategic Investments Propel Ryan Specialty Group to 'Buy' Rating
Ryan Specialty Reports Strong Q4 2024 Growth
Ryan Specialty reports Q4 adjusted EPS 45c, consensus 45c
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