Barclays analyst Tracy Benguigui raised the firm’s price target on Reinsurance Group to $146 from $141 and keeps an Equal Weight rating on the shares. The company’s recalibrated 2022 earnings under "LDTI are relatively worse," the analyst tells investors in a research note. However, large mortality losses like COVID will be smoothed out over time under LDTI, says the firm.
Published first on TheFly
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