RenaissanceRe price target raised to $329 from $303 at JPMorgan

JPMorgan raised the firm’s price target on RenaissanceRe (RNR) to $329 from $303 and keeps a Neutral rating on the shares. The firm adjusted targets in the property and casualty insurance sector as part of its 2026 outlook. While fundamentals in the P&C sector “are getting more challenging,” pricing, margin, and growth headwinds “seem better reflected in sentiment and valuation levels,” the analyst tells investors in a research note.