Goldman Sachs Downgrades PartnerRe (PRE) to Sell

Goldman Sachs downgraded PartnerRe (NYSE: PRE) from Neutral to Sell with a price target of $88.00 (from $95.00) saying ROE outlook remains well below that of its peers, interest rate sensitivity remains high, and our expectations for accident year results remain well below those of its peers.

For an analyst ratings summary and ratings history on PartnerRe click here. For more ratings news on PartnerRe click here.

Shares of PartnerRe closed at $93.29 yesterday.

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