Piper Sandler Maintains Neutral on Lemonade, Lowers Price Target to $17
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Arvind Ramnani maintains a Neutral rating on Lemonade (NYSE:LMND) and lowers the price target from $18 to $17.
August 04, 2023 | 2:54 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Lemonade and lowered the price target from $18 to $17.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Lemonade's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100