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Fly News Breaks for January 15, 2019
RLI
Jan 15, 2019 | 08:17 EDT
Compass Point analyst Bijan Moazami initiated RLI Corp. with a Sell and $48 price target. Moazami said RLI's earnings are more volatile than recent past due to catastrophe losses, and with the decline in equity markets, book value likely declined significantly in Q4.
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