RBC Capital Maintains Outperform on Kinsale Cap Gr, Lowers Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has maintained an 'Outperform' rating on Kinsale Cap Gr (NYSE:KNSL), but lowered the price target from $435 to $410.
October 30, 2023 | 5:48 pm
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Kinsale Cap Gr's price target has been lowered from $435 to $410 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100