Keefe, Bruyette & Woods Maintains Outperform on Hippo Holdings, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith maintains an Outperform rating on Hippo Holdings (NYSE:HIPO) but lowers the price target from $23 to $19.

August 17, 2023 | 10:54 am
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Hippo Holdings' price target has been lowered from $23 to $19 by Keefe, Bruyette & Woods, though the Outperform rating is maintained.
The lowering of the price target by Keefe, Bruyette & Woods 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100