JMP Securities Reiterates Market Outperform on Root, Maintains $15 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Matthew Carletti has reiterated a 'Market Outperform' rating on Root (NASDAQ:ROOT) and maintained a $15 price target.
July 12, 2023 | 1:11 pm
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Root's stock rating has been reiterated as 'Market Outperform' by JMP Securities, with a maintained price target of $15.
The reiteration of the 'Market Outperform' rating and the maintenance of the $15 price target by JMP Securities indicates a positive outlook for Root. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100