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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100