Morgan Stanley Maintains Equal-Weight on Reinsurance Gr, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has maintained an Equal-Weight rating on Reinsurance Group of America (RGA) and increased the price target from $164 to $170.

November 15, 2023 | 2:48 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Reinsurance Group of America and raised the price target to $170.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on the stock, which could lead to a short-term increase in its price. However, since the rating remains at Equal-Weight, the impact might be moderate as it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100