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Analysts Have Conflicting Sentiments on These Financial Companies: Reinsurance Group (RGA) and StepStone Group (STEP)

Tipranks - Fri May 22, 12:44PM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Reinsurance Group (RGA) and StepStone Group (STEP).

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Reinsurance Group (RGA)

In a report released today, Bob Huang from Morgan Stanley maintained a Hold rating on Reinsurance Group, with a price target of $223.00. The company’s shares closed last Thursday at $214.81.

According to TipRanks.com, Huang is ranked 0 out of 5 stars with an average return of -4.2% and a 52.4% success rate. Huang covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Hamilton Insurance Group, Ltd. Class B, and Bowhead Specialty Holdings Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Reinsurance Group with a $248.13 average price target, representing a 16.6% upside. In a report issued on May 9, TipRanks – DeepSeek also downgraded the stock to Hold with a $225.00 price target.

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StepStone Group (STEP)

In a report released today, Alexander Blostein from Goldman Sachs reiterated a Buy rating on StepStone Group, with a price target of $92.00. The company’s shares closed last Thursday at $55.07.

According to TipRanks.com, Blostein is a 5-star analyst with an average return of 16.9% and a 69.4% success rate. Blostein covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Bank of New York Mellon. ;'>

StepStone Group has an analyst consensus of Strong Buy, with a price target consensus of $70.00, which is a 27.6% upside from current levels. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $85.00 price target.

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