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Fly News Breaks for November 7, 2018
RNR
Nov 7, 2018 | 09:36 EDT
Deutsche Bank analyst Joshua Shanker upgraded RenaissanceRe Holdings to Buy from Hold and raised his price target for the shares to $150 from $137. The analyst believes upwards revisions to earnings estimates over the course of 2019 will drive share appreciation from current "depressed" valuation levels. He sees 20% upside over the near.
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