Compass Point Maintains Buy on RLI, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has maintained a Buy rating on RLI (NYSE:RLI) and raised the price target from $170 to $185.
October 25, 2024 | 5:08 pm
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POSITIVE IMPACT
Compass Point has reaffirmed its Buy rating on RLI and increased the price target to $185, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target from $170 to $185 by Compass Point suggests a positive outlook for RLI. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100