Wells Fargo Maintains Overweight on Reinsurance Gr, Raises Price Target to $244
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Overweight rating on Reinsurance Group of America (NYSE:RGA) and raised the price target from $239 to $244.
October 10, 2024 | 3:15 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its positive outlook on Reinsurance Group of America by maintaining an Overweight rating and increasing the price target to $244, indicating confidence in the company's future performance.
The increase in price target from $239 to $244 by a reputable analyst suggests a positive outlook for RGA's stock, likely leading to a short-term price increase as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100