RBC Capital Maintains Sector Perform on RLI, Lowers Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has maintained a 'Sector Perform' rating on RLI Corp (NYSE:RLI) but lowered the price target from $151 to $148.
October 25, 2023 | 4:47 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBC Capital has maintained its 'Sector Perform' rating on RLI Corp but lowered the price target from $151 to $148.
The news is directly about RLI Corp and is likely to influence investor sentiment. The maintenance of the 'Sector Perform' rating suggests that RBC Capital sees the company's performance as stable. However, the lowering of the price target could indicate a slightly less optimistic outlook, which may impact the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100