JP Morgan Maintains Neutral on Reinsurance Gr, Raises Price Target to $189
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Reinsurance Group of America (RGA) and raises the price target from $170 to $189.
April 02, 2024 | 2:56 pm
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JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Reinsurance Group of America (RGA) and raises the price target from $170 to $189.
The increase in price target from $170 to $189 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100