RBC Capital Maintains Sector Perform on WR Berkley, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has maintained a 'Sector Perform' rating on WR Berkley (NYSE:WRB) and increased the price target from $73 to $79.
January 25, 2024 | 4:02 pm
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RBC Capital has reaffirmed WR Berkley's 'Sector Perform' rating and raised the price target from $73 to $79, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards WR Berkley's stock performance in the short term. As price targets can influence investor expectations and stock prices, this revised target may lead to an uptick in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100