RLI Corp. (RLI) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research upgraded RLI Corp. to Zacks Rank #2 (Buy), citing growing optimism about the company’s earnings prospects. The excerpt says this might drive the stock higher in the near term.
Why it matters — RLI watchers may note the upgrade as a signal of increased optimism about the company’s earnings prospects.