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Stock Market & Financial Investment News

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January 27, 2014
08:19 EDTAWHAllied World price target lowered to $116 from $125 at BMO Capital
BMO Capital reduced its price target on Allied World, citing valuation compression among P&C insurers due to concerns about the sector's prices. The firm thinks the valuation multiples of P&C insurers peaked in 2013. However, it keeps an Outperform rating on Allied World.
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