Jefferies Maintains Buy on RLI, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Andersen has maintained a Buy rating on RLI Corporation and increased the price target from $165 to $180.
October 09, 2024 | 4:39 pm
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POSITIVE IMPACT
Jefferies has reaffirmed its Buy rating on RLI Corporation and increased the price target from $165 to $180, indicating a positive outlook on the stock.
The increase in price target from $165 to $180 by Jefferies suggests a positive outlook on RLI's future performance. This is likely to boost investor confidence and could lead to a short-term increase in RLI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100