Oppenheimer Initiates Coverage On RLI with Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Phillips has initiated coverage on RLI Corp. with a Perform rating.
October 16, 2024 | 12:53 pm
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NEUTRAL IMPACT
Oppenheimer has started coverage on RLI Corp. with a Perform rating, indicating a neutral stance on the stock's potential performance.
The Perform rating by Oppenheimer suggests that the analyst expects RLI's stock to perform in line with the market. This neutral stance may not significantly impact the stock price in the short term, as it neither suggests a strong buy nor a sell recommendation.
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IMPORTANCE 70
RELEVANCE 100