Cantor Fitzgerald Maintains Overweight on Porch Group, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has maintained an Overweight rating on Porch Group (NASDAQ:PRCH) but lowered the price target from $7 to $6.
August 15, 2023 | 1:44 pm
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Cantor Fitzgerald has maintained an Overweight rating on Porch Group but lowered the price target from $7 to $6.
The lowering of the price target by Cantor Fitzgerald could potentially lead to a decrease in the stock price of Porch Group in the short term. This is because the new price target suggests that the analyst believes the stock is currently overvalued.
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