B of A Securities Maintains Buy on RenaissanceRe Holdings, Raises Price Target to $391
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on RenaissanceRe Holdings and raised the price target from $364 to $391, indicating a positive outlook for the company's stock.
October 10, 2024 | 5:29 pm
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POSITIVE IMPACT
B of A Securities has maintained a Buy rating on RenaissanceRe Holdings and increased the price target from $364 to $391, suggesting a positive short-term outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in RenaissanceRe Holdings' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100