UBS raised the firm’s price target on RenaissanceRe (RNR) to $272 from $265 and keeps a Neutral rating on the shares. Property and casualty insurance stocks underperformed in Q3, but lighter catastrophe losses support higher earnings estimates, the analyst tells investors in a research note.
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Read More on RNR:
- RenaissanceRe price target raised to $278 from $273 at Barclays
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