RLI Corp. (RLI) Tops Q2 EPS by 23c
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Compass Point Raises Price Target on RLI Corp. (RLI) Following 2Q15
July 22, 2015 7:08 AM EDTCompass Point reiterated a Neutral rating on RLI Corp. (NYSE: RLI), and raised the price target to $53.00 (from $50.00), following 2Q15 results. RLI reported operating EPS of $0.77 versus the consensus of $0.55. Analyst Ken Billingsley says that RLI has the ability to continue to pay a special dividend again in 2015.
Billingsley commented, "RLI continues to trade at a... More
