Jefferies Maintains Buy on RLI, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Andersen maintains a Buy rating on RLI (NYSE:RLI) but lowers the price target from $170 to $165.

June 14, 2024 | 2:54 pm
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NEUTRAL IMPACT
Jefferies analyst Andrew Andersen maintains a Buy rating on RLI but lowers the price target from $170 to $165.
The maintained Buy rating suggests continued confidence in RLI's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100