Compass Point Maintains Buy on RLI, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a Buy rating on RLI (NYSE:RLI) but lowers the price target from $175 to $170.
July 24, 2024 | 1:06 pm
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NEUTRAL IMPACT
Compass Point analyst Casey Alexander maintains a Buy rating on RLI but lowers the price target from $175 to $170.
The 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