JMP Securities Maintains Market Outperform on James River Gr Hldgs, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti maintains a Market Outperform rating on James River Gr Hldgs (NASDAQ:JRVR) but lowers the price target from $32 to $30.
October 13, 2023 | 1:17 pm
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James River Gr Hldgs' price target has been lowered from $32 to $30 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors. However, the maintenance of the Market Outperform rating indicates that the analyst still sees potential in the stock, which could balance out the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100