JMP Securities Maintains Outperform on Doma Holdings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has maintained an 'Outperform' rating on Doma Holdings (NYSE:DOMA), but lowered the price target from $75 to $50.

August 11, 2023 | 11:44 am
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Doma Holdings' price target has been lowered from $75 to $50 by JMP Securities, though the 'Outperform' rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100