Everest Group's New Management Team Needs To Take These 'Bold Steps': Analyst

1. Everest Group's CEO departure leads to management changes and lower expectations. 2. BMO upgraded Everest Group from Market Perform to Outperform with a target of $453. 3. Analyst predicts potential EPS growth starting in 2025 if restructuring is successful. 4. The company could face a reserve charge of $800-$900 million but has low debt. 5. The insurance sector benefits from high interest rates and favorable re-insurance terms.