JMP Securities Reiterates Market Outperform on AMERISAFE, Maintains $65 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating on AMERISAFE (NASDAQ:AMSF) and maintained a $65 price target.
July 12, 2023 | 1:01 pm
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POSITIVE IMPACT
AMERISAFE's stock may see positive movement as JMP Securities maintains a Market Outperform rating and a $65 price target.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, JMP Securities has reiterated a Market Outperform rating on AMERISAFE, indicating that they expect the stock to outperform the market. They have also maintained a $65 price target, suggesting they believe the stock is currently undervalued. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100