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Fidelis Insurance's stock drops as major firms lower price targets, though consensus remains at "Hold."
Fidelis Insurance's stock took a hit after UBS downgraded its price target, and other firms followed suit, lowering their targets and ratings.
Despite these downgrades, the stock has a consensus rating of "Hold" with a target price of $20.29.
Several institutional investors have recently adjusted their stakes in Fidelis, which offers specialty insurance and reinsurance in Bermuda, Ireland, and the UK.
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Las acciones de Fidelis Insurance bajan a medida que las grandes empresas bajan los objetivos de precios, aunque el consenso permanece en "Hold".