Keefe, Bruyette & Woods Maintains Outperform on Palomar Hldgs, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on Palomar Holdings (NASDAQ:PLMR) and raises the price target from $64 to $67.
May 31, 2023 | 9:36 am
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Palomar Holdings (NASDAQ:PLMR) has its price target raised from $64 to $67 by Keefe, Bruyette & Woods analyst Meyer Shields, who maintains an Outperform rating.
The news of Keefe, Bruyette & Woods analyst Meyer Shields raising the price target for Palomar Holdings (NASDAQ:PLMR) from $64 to $67 and maintaining an Outperform rating is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100