Everest Group: Q4 Reserve Build Could Represent A Bottom (Rating Upgrade)

Group 1 - Everest Group (NYSE: EG) has underperformed over the past year, with a 4% decline in share price, missing out on a broader equity rally [1] - The company's valuation is considered cheap, but disappointing underwriting results have negatively impacted overall performance [1] - The company has over fifteen years of experience in making contrarian bets based on macro views and stock-specific turnaround stories [1]