Truist Securities Maintains Buy on Kinsale Cap Gr, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Kinsale Capital Group (NYSE:KNSL) but has lowered the price target from $530 to $500.
October 28, 2024 | 1:22 pm
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Truist Securities has maintained its Buy rating on Kinsale Capital Group but has lowered the price target from $530 to $500.
The maintenance of a Buy rating suggests continued confidence in Kinsale Capital Group's performance, but the lowered price target indicates a more conservative outlook on its potential upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100