International General Insurance Holdings Ltd (IGIC) stock surged 5.03% in after-hours trading on Thursday, following positive analyst actions from firms like Oppenheimer and RBC.
Oppenheimer maintained an Outperform rating on IGIC, indicating their belief that the stock will outperform the market. Meanwhile, RBC raised their price target on IGIC from $28 to $31 while keeping an Outperform rating, suggesting potential upside for the stock.
These favorable analyst actions likely contributed to the bullish sentiment around IGIC, driving the stock higher in after-hours trading.
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