Greenlight Capital Re to Release Second Quarter 2016 Results
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UBS Reiterates Buy on Greenlight Captial Re (GLRE) Following 2Q - PT to $27
July 21, 2016 9:25 AM EDTUBS maintained a Buy rating on Greenlight Capital (NASDAQ: GLRE), and cut the price target to $27.00 (from $31.00), following the company's 2Q earnings report. UBS is lowering 2016 EPS estimates from $3.20 to $0.85 based on GLRE's poor portfolio return of -3.4% during 2Q16 and a lower annualized expected... More
