UPDATE: Nomura Lowers PT on Axis Capital Following Solid 2Q13 Earnings
July 31, 2013 at 09:57 AM EDT
In a report published Wednesday, Nomura analyst Clifford Gallant reiterated a Neutral rating on Axis Capital (NYSE: AXS ), but lowered the price target from $47.00 to $46.00. In the report, Nomura noted, “Given a tough quarter, AXS's 2Q13 earnings were solid and premium growth was impressive. In addition, buyback
