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Analysts’ Opinions Are Mixed on These Financial Stocks: Upstart Holdings (UPST) and Renaissancere Holdings (RNR)

Tipranks - Tipranks - Wed Jul 8, 7:02AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Upstart Holdings (UPST) and Renaissancere Holdings (RNR).

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Upstart Holdings (UPST)

Truist Financial analyst Arvind Ramnani maintained a Buy rating on Upstart Holdings today. The company’s shares closed last Monday at $34.33.

According to TipRanks.com, Ramnani is a 1-star analyst with an average return of -1.8% and a 47.0% success rate. Ramnani covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Palantir Technologies, and Epam Systems. ;'>

Currently, the analyst consensus on Upstart Holdings is a Moderate Buy with an average price target of $37.33, implying a 7.4% upside from current levels. In a report issued on June 30, BTIG also maintained a Buy rating on the stock with a $43.00 price target.

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Renaissancere Holdings (RNR)

In a report released yesterday, Tyler Van Buren from TD Cowen maintained a Hold rating on Renaissancere Holdings, with a price target of $315.00. The company’s shares closed last Monday at $323.11.

According to TipRanks.com, Buren is a top 100 analyst with an average return of 35.4% and a 61.1% success rate. Buren covers the Healthcare sector, focusing on stocks such as Artiva Biotherapeutics, Inc., NewAmsterdam Pharma Company, and Odyssey Therapeutics, Inc. ;'>

Currently, the analyst consensus on Renaissancere Holdings is a Moderate Buy with an average price target of $332.27, representing a 2.0% upside. In a report issued on July 4, TipRanks – Anthropic also downgraded the stock to Hold with a $356.00 price target.

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