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Fly News Breaks for July 30, 2018
RGA
Jul 30, 2018 | 09:09 EDT
Keefe Bruyette analyst Ryan Krueger upgraded Reinsurance Group of America to Outperform with an unchanged price target of $165. The 12% pullback in shares year-to-date provides a good entry point in a "quality company," Krueger tells investors in a research note. He views Reinsurance Group as "well-run global reinsurance leader with solid mid-to-high single-digit growth" that offers capital deployment upside and defensive characteristics. This story corrects the price target to $165.
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