Barclays Initiates Coverage On RenaissanceRe Holdings with Equal-Weight Rating, Announces Price Target of $287
Portfolio Pulse from Benzinga Newsdesk
Barclays has initiated coverage on RenaissanceRe Holdings with an Equal-Weight rating and set a price target of $287.
September 04, 2024 | 11:47 pm
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NEUTRAL IMPACT
Barclays has initiated coverage on RenaissanceRe Holdings with an Equal-Weight rating and a price target of $287, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Barclays sees RenaissanceRe Holdings performing in line with the market. The price target of $287 provides a specific valuation expectation, but the neutral rating implies no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100