Keefe, Bruyette & Woods Upgrades Selective Insurance Gr to Outperform, Lowers Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has upgraded Selective Insurance Group (NASDAQ:SIGI) from Market Perform to Outperform, while lowering the price target from $104 to $99.
July 22, 2024 | 12:18 pm
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Keefe, Bruyette & Woods has upgraded Selective Insurance Group (NASDAQ:SIGI) from Market Perform to Outperform, while lowering the price target from $104 to $99.
The upgrade to Outperform suggests a positive outlook on SIGI's future performance, which is likely to boost investor confidence and drive the stock price up in the short term. However, the lowered price target indicates some caution regarding the stock's potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100