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FINWIRES

Research Alert: CFRA Keeps Hold Opinion On Shares Of Everest Group, Ltd.

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target by $15 to $365, valuing EG shares at 7x our 2026 operating EPS estimate of $53.16 (cut today by $0.99) and at 6x our 2027 EPs estimate of $60.65, versus the one-year average forward multiple of 6x and a peer average of 8.6x. We acknowledge EG's discounted valuation to peers, reflecting its restructuring. To that end, we expect revenues in 2026 to be flat to down 5%. Q1 operating EPS of $16.08 versus $6.45 a year ago topped our $15.27 estimate and the $13.96 consensus view. Operating revenues declined 4.4% on a 7.2% drop in earned premiums and 15% rise in investment income, while the combined ratio improved dramatically to 91.2% from 102.7%. We applaud EG's restructuring, including the sale of renewal rights to its retail commercial insurance business to focus on its core reinsurance operations. EG expects pre-tax charges of $250M-$350M over 2025-2026. We are concerned becoming a pure-play reinsurer may not expand valuation multiples given EG's mixed underwriting track record.

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Research Alert: CFRA Maintains Sell Opinion On Shares Of Weyerhaeuser Company

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain our 12-month target price at $21, 39.6x our 2027 EPS estimate, a discount to WY's three-year average forward P/E of 59.7x based on the outlook for depressed profitability in 1H 2026. We increase our 2026 adjusted EPS by $0.05 to $0.16 and decrease 2027 by $0.17 to $0.53. We note that lumber pricing momentum is positive, driven by mills shutting down over the past two years, which has created vacant supply while waiting for prices to increase. Management noted that the housing market is stuck in second gear with repair and renovation activity currently lacking a clear catalyst for growth. Export markets remain more challenged that last year due to elevated Japanese inventories and increased export costs due to higher energy prices. We believe WY remains overleveraged with lower profitability impacting cash flow generation this year with stronger lumber price realizations likely to increase supply and reduce potential EPS growth for WY in the long term.

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