Goldman Sachs Initiates Coverage On RenaissanceRe Holdings with Buy Rating, Announces Price Target of $242
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Yaron Kinar has initiated coverage on RenaissanceRe Holdings (NYSE:RNR) with a Buy rating and a price target of $242.
September 08, 2023 | 12:00 pm
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Goldman Sachs has initiated coverage on RenaissanceRe Holdings with a Buy rating and a price target of $242.
The initiation of coverage by Goldman Sachs, a major financial institution, with a Buy rating indicates a positive outlook for RenaissanceRe Holdings. The price target of $242 suggests that Goldman Sachs expects the stock to rise in the short term. This news is highly relevant and important for investors in RNR.
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