Morgan Stanley Maintains Equal-Weight on Reinsurance Gr, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has maintained an Equal-Weight rating on Reinsurance Group of America (NYSE:RGA) but has slightly lowered the price target from $238 to $236.
August 19, 2024 | 5:18 pm
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Morgan Stanley has maintained its Equal-Weight rating on Reinsurance Group of America but slightly reduced the price target from $238 to $236, indicating a neutral stance with a minor adjustment.
The maintenance of an Equal-Weight rating suggests a neutral outlook, while the slight reduction in the price target indicates a minor adjustment in expectations. This is unlikely to cause significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100