Wells Fargo lowered the firm’s price target on RenaissanceRe (RNR) to $271 from $277 and keeps an Overweight rating on the shares. The firm notes that the quarter lost a little luster with the tariff backdrop and Wells thinks a bigger focus will be on any views of tariffs/ensuring macro backdrop.
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Read More on RNR:
- RenaissanceRe price target lowered to $279 from $294 at Citizens JMP
- RenaissanceRe upgraded to Overweight from Neutral at JPMorgan
- RenaissanceRe price target lowered to $426 from $437 at BofA
- Renaissancere Holdings: Strong Financial Performance and Strategic Positioning Justify Buy Rating
- RenaissanceRe price target raised to $437 from $402 at BofA