Wells Fargo Maintains Overweight on RenaissanceRe Holdings, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on RenaissanceRe Holdings (NYSE:RNR) but lowers the price target from $288 to $280.
July 26, 2024 | 12:19 pm
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Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on RenaissanceRe Holdings but lowers the price target from $288 to $280.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100