JP Morgan Maintains Neutral on RenaissanceRe Holdings, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on RenaissanceRe Holdings (NYSE:RNR) and raises the price target from $237 to $245.

May 01, 2024 | 3:00 pm
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JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on RenaissanceRe Holdings and raises the price target from $237 to $245.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees limited upside or potential challenges that could cap significant gains.
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IMPORTANCE 75
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