Verisk Analytics Analysts Cut Their Forecasts After Q3 Results - Verisk Analytics (NASDAQ:VRSK)

Core Insights - Verisk Analytics reported mixed third-quarter financial results, with earnings per share of $1.72 beating the consensus estimate of $1.70, but quarterly sales of $768.3 million missing the estimate of $776.094 million [1] - The company cut its FY2025 sales guidance from a range of $3.090 billion-$3.130 billion to $3.050 billion-$3.080 billion, while affirming adjusted EPS guidance of $6.80 to $7.00 [2] - CEO Lee Shavel expressed confidence in the company's alignment with long-term growth targets and highlighted ongoing strategic engagements that are expanding client partnerships [3] Analyst Reactions - Barclays upgraded Verisk Analytics from Equal-Weight to Overweight, lowering the price target from $310 to $275 [6] - Wells Fargo maintained an Overweight rating but cut the price target from $334 to $300 [6] - Goldman Sachs maintained a Neutral rating and reduced the price target from $315 to $239 [6] - RBC Capital kept an Outperform rating while lowering the price target from $314 to $250 [6] - Evercore ISI Group maintained an In-Line rating and reduced the price target from $262 to $250 [6]