JP Morgan Maintains Neutral on RenaissanceRe Holdings, Raises Price Target to $274
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on RenaissanceRe Holdings (NYSE:RNR) and raises the price target from $267 to $274.
October 10, 2024 | 6:52 pm
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JP Morgan has maintained a Neutral rating on RenaissanceRe Holdings but increased the price target from $267 to $274, indicating a slightly positive outlook.
The increase in the price target suggests a positive outlook on the stock's potential, despite the Neutral rating. This could lead to a slight positive impact on the stock price as investors may view the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100