UBS Maintains Buy on James River Gr Hldgs, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Buy rating on James River Gr Hldgs (NASDAQ:JRVR) but has lowered the price target from $34 to $15.

March 05, 2024 | 2:57 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on James River Gr Hldgs but lowers the price target from $34 to $15.
While the maintenance of a Buy rating by UBS indicates continued confidence in James River Gr Hldgs' fundamentals, the significant reduction in the price target could signal concerns about near-term challenges or valuation adjustments. This mixed signal might lead to short-term uncertainty among investors, potentially causing volatility in the stock's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100