Piper Sandler Maintains Overweight on Universal Insurance Hldgs, Lowers Price Target to $22
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Paul Newsome maintains an Overweight rating on Universal Insurance Hldgs (NYSE:UVE) but lowers the price target from $23 to $22.

July 06, 2023 | 2:33 pm
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Piper Sandler maintains an Overweight rating on Universal Insurance Hldgs but lowers the price target from $23 to $22.
The news is directly about Universal Insurance Hldgs (UVE). Piper Sandler's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $23 to $22 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100