Keefe, Bruyette & Woods Maintains Outperform on RLI, Raises Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on RLI Corp (NYSE:RLI) and raises the price target from $160 to $168.
April 10, 2024 | 3:53 pm
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Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on RLI Corp and raises the price target from $160 to $168.
The upgrade in the price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting that the analyst sees potential for the stock's value to increase. This can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100