UBS Maintains Neutral on RenaissanceRe Holdings, Raises Price Target to $238
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Neutral rating on RenaissanceRe Holdings (NYSE:RNR) and increased the price target from $229 to $238.

February 05, 2024 | 7:23 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on RenaissanceRe Holdings and raised the price target from $229 to $238.
The increase in price target by UBS suggests a positive outlook on the company's future performance, potentially leading to a short-term positive impact on the stock price. The Neutral rating indicates that the stock might not outperform the market, but the raised target price implies an expectation of steady growth or stability.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90