Kinsale Capital Group (KNSL) Surges 5.4%: Is This an Indication of Further Gains?

Kinsale Capital Group, Inc. (KNSL) shares soared 5.4% in the last trading session to close at $466.26. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.7% loss over the past four weeks.Kinsale Capital shares surged after Truist Securities reiterated its "Buy" rating and a $560 price target on the stock following positive meetings with the company's management. Kinsale executives also affirmed their long-term top-line growth targ ...