Citigroup Maintains Buy on Reinsurance Gr, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has maintained a 'Buy' rating on Reinsurance Gr (NYSE:RGA) but lowered the price target from $170 to $162.
August 09, 2023 | 12:02 pm
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Citigroup has maintained a 'Buy' rating on Reinsurance Gr but lowered the price target from $170 to $162.
The news is directly about Reinsurance Gr (RGA). The maintained 'Buy' rating indicates Citigroup's continued positive outlook on the company, which could be positive for the stock. However, the lowered price target might indicate a slightly less optimistic view on the company's future performance, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100