Piper Sandler Upgrades Old Republic Intl to Overweight, Announces $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler upgraded Old Republic International (ORI) from Neutral to Overweight and set a price target of $32. This upgrade reflects a positive outlook on ORI's stock.
February 12, 2024 | 10:24 am
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POSITIVE IMPACT
Piper Sandler upgraded Old Republic International to Overweight from Neutral and set a $32 price target, indicating a positive outlook.
Upgrades by reputable financial institutions like Piper Sandler generally lead to increased investor confidence and can drive the stock price up in the short term. The setting of a $32 price target further indicates a bullish outlook on the stock, suggesting that Piper Sandler analysts see substantial upside potential from its current trading level.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100