Raymond James upgraded Old Republic (ORI) to Strong Buy from Outperform with a price target of $47, up from $43. The firm sees an improving outlook for the company’s title segment amid interest rate cuts. Old Republic should also undergo success in its specialty insurance build-out and “more proactive” capital management strategy, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORI: