Core Viewpoint - Piper Sandler has lowered the price target for Bowhead Specialty (BOW) to $33 from $38 while maintaining an Overweight rating on the shares [1] Group 1: Price Target and Rating - The price target for Bowhead Specialty has been reduced to $33 from $38 [1] - Piper Sandler continues to hold an Overweight rating on Bowhead Specialty shares [1] Group 2: Growth Estimates - The firm is lowering its GWP (Gross Written Premium) growth estimates for the latter half of 2025 [1] - Growth was more heavily weighted in the first half of the year, and softening market conditions are expected to hinder achieving similar growth rates [1] Group 3: Loss Ratios - Piper Sandler anticipates that loss ratios will resemble those observed in the first half of the year [1]
Bowhead Specialty price target lowered to $33 from $38 at Piper Sandler