RBC Capital Maintains Sector Perform on RLI, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak maintains a Sector Perform rating on RLI (NYSE:RLI) and raises the price target from $162 to $165.
October 23, 2024 | 7:21 pm
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RBC Capital has maintained its Sector Perform rating on RLI and increased the price target from $162 to $165, indicating a slightly positive outlook.
The increase in the price target from $162 to $165 by RBC Capital suggests a slightly positive outlook for RLI, which could lead to a minor positive impact on the stock price in the short term. However, the maintained Sector Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100