Reinsurance Group price target raised to $230 from $220 at Piper Sandler

Core Viewpoint - Piper Sandler analyst John Barnidge has raised the price target for Reinsurance Group (RGA) to $230 from $220 while maintaining an Overweight rating on the shares, indicating a positive outlook for the company [1]. Group 1: Price Target and Rating - The price target for RGA has been increased to $230 from $220 [1]. - Piper Sandler maintains an Overweight rating on RGA shares, suggesting confidence in the company's performance [1]. Group 2: Market Conditions - The decline in rates has been more gradual than expected, which has positively impacted broader capital markets activity [1]. - This gradual decline is likely to provide a tailwind to fee and spread earnings within RGA's coverage [1].