UBS Maintains Buy on Reinsurance Gr, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Buy rating on Reinsurance Group of America (RGA) and increased the price target from $167 to $191.
January 10, 2024 | 2:20 pm
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UBS analyst Brian Meredith has reaffirmed a Buy rating on Reinsurance Group of America and raised the price target to $191, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100