Oppenheimer Maintains Outperform on Selective Insurance Gr, Maintains $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Phillips maintains an Outperform rating on Selective Insurance Group (SIGI) with a $120 price target, indicating a positive outlook on the company's stock.
April 05, 2024 | 1:14 pm
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Oppenheimer analyst Michael Phillips reaffirms an Outperform rating on Selective Insurance Group with a $120 price target.
The reaffirmation of an Outperform rating and a $120 price target by a reputable analyst like Michael Phillips from Oppenheimer suggests a strong bullish sentiment towards SIGI. This endorsement is likely to positively influence investor perception and could lead to a short-term increase in the stock price, given the analyst's influence and the specificity of the price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100