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Verisk Analytics (NASDAQ:VRSK) was upgraded by equities researchers at Morgan Stanley to an “overweight” rating in a research report issued on Thursday, AnalystRatings.Net reports. The firm currently has a $74.00 target price on the stock. Morgan Stanley’s price target would indicate a potential upside of 16.77% from the company’s current price.

Shares of Verisk Analytics (NASDAQ:VRSK) traded up 3.52% during mid-day trading on Thursday, hitting $65.51. The stock had a trading volume of 632,286 shares. Verisk Analytics has a one year low of $53.50 and a one year high of $69.09. The stock’s 50-day moving average is $63.72 and its 200-day moving average is $64.53. The company has a market cap of $11.021 billion and a price-to-earnings ratio of 30.28.

In other Verisk Analytics news, SVP Vincent De Mccarthy sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.79, for a total value of $79,737.50. Following the transaction, the senior vice president now directly owns 20,423 shares in the company, valued at approximately $1,302,783. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of other analysts have also recently weighed in on VRSK. Analysts at Wells Fargo & Co. initiated coverage on shares of Verisk Analytics in a research note on Wednesday. They set an “outperform” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Verisk Analytics from $73.00 to $78.00 in a research note on Thursday, January 16th. They now have an “overweight” rating on the stock. Finally, analysts at Zacks upgraded shares of Verisk Analytics from an “underperform” rating to a “neutral” rating in a research note on Tuesday, January 7th. They now have a $64.70 price target on the stock. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Verisk Analytics currently has an average rating of “Buy” and an average price target of $68.26.

Verisk Analytics, Inc (NASDAQ:VRSK) is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management.

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