Cantor Fitzgerald Holds Neutral on Arch Capital, Flags Growth and Margin Questions
Cantor Fitzgerald reiterated a Neutral rating on Arch Capital (NASDAQ:ACGL) with a $97.00 price target following a quarter of strong underwriting results that were tempered by uneven growth across business lines. The firm said Bermuda-based insurers like Arch would likely be "relatively spared" from the market sell-off on February 9, but raised con…