RBC Capital Maintains Sector Perform on Selective Insurance Gr, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak maintains a Sector Perform rating on Selective Insurance Group (SIGI) and lowers the price target from $108 to $105.
February 02, 2024 | 5:08 pm
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RBC Capital maintains a Sector Perform rating on Selective Insurance Group and lowers the price target from $108 to $105.
The reduction in price target by RBC Capital, despite maintaining a Sector Perform rating, could indicate a slightly less optimistic outlook on SIGI's short-term price performance. This adjustment reflects a potential concern about the company's future earnings or market position, which might lead to a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100