Jefferies Downgrades Reinsurance Gr to Hold, Lowers Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Suneet Kamath downgrades Reinsurance Gr (NYSE:RGA) from Buy to Hold and lowers the price target from $170 to $160.
June 23, 2023 | 9:27 am
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Reinsurance Gr (NYSE:RGA) downgraded from Buy to Hold by Jefferies analyst Suneet Kamath, with a lowered price target of $160.
The downgrade from Buy to Hold by Jefferies analyst Suneet Kamath indicates a less optimistic outlook for Reinsurance Gr's stock performance. The lowered price target from $170 to $160 also suggests a reduced potential upside for the stock, which may negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100