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Fidelis Insurance (NYSE:FIHL) Given New $25.00 Price Target at UBS Group
UBS Group has raised its price target for Fidelis Insurance (NYSE:FIHL) to $25.00 from $24.00, maintaining a “buy” rating and implying a potential 33.44% upside. This follows Fidelis Insurance beating Q4 EPS estimates but missing revenue expectations, along with authorizing a $400 million share buyback program. Despite mixed analyst ratings, the consensus price target for FIHL is $22.36, with the stock currently trading around $18.74.