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Analysts Offer Insights on Financial Companies: Northwest Bancshares (NWBI), Ares Management (ARES) and Renaissancere Holdings (RNR)

Tipranks - Thu Apr 30, 7:56AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Northwest Bancshares (NWBI), Ares Management (ARES) and Renaissancere Holdings (RNR).

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Northwest Bancshares (NWBI)

Truist Financial analyst Brian Foran maintained a Buy rating on Northwest Bancshares today. The company’s shares closed last Tuesday at $14.16.

According to TipRanks.com, Foran is a 4-star analyst with an average return of 9.8% and a 73.5% success rate. Foran covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, First Financial Bancorp, and Huntington Bancshares. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northwest Bancshares with a $14.00 average price target, which is a 2.3% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $15.00 price target.

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Ares Management (ARES)

In a report released yesterday, Alexander Blostein from Goldman Sachs maintained a Buy rating on Ares Management, with a price target of $131.00. The company’s shares closed last Tuesday at $113.01.

According to TipRanks.com, Blostein is a 5-star analyst with an average return of 17.3% and a 71.3% success rate. Blostein covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Bank of New York Mellon. ;'>

Ares Management has an analyst consensus of Moderate Buy, with a price target consensus of $146.00, which is a 28.2% upside from current levels. In a report issued on April 20, RBC Capital also maintained a Buy rating on the stock with a $162.00 price target.

Renaissancere Holdings (RNR)

Evercore ISI analyst David Motemaden maintained a Hold rating on Renaissancere Holdings today and set a price target of $309.00. The company’s shares closed last Tuesday at $310.61.

According to TipRanks.com, Motemaden is a 4-star analyst with an average return of 5.1% and a 56.9% success rate. Motemaden covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Fidelis Insurance Holdings Ltd., and American International Group. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Renaissancere Holdings with a $327.82 average price target, implying a 4.1% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $328.00 price target.

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