B of A Securities Maintains Underperform on Selective Insurance Gr, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on Selective Insurance Group (NASDAQ:SIGI) while raising the price target from $96 to $102.
October 22, 2024 | 5:47 pm
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B of A Securities has maintained an 'Underperform' rating on Selective Insurance Group but raised the price target from $96 to $102, indicating a slightly more optimistic outlook despite the negative rating.
The 'Underperform' rating suggests a negative outlook, but the raised price target indicates some positive expectations. This mixed signal may lead to neutral short-term price movement as investors weigh the implications.
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