Jefferies Maintains Hold on Palomar Hldgs, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Andersen has maintained a 'Hold' rating on Palomar Holdings (NASDAQ:PLMR) and lowered the price target from $59 to $56.
September 07, 2023 | 5:09 pm
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Jefferies analyst has maintained a 'Hold' rating on Palomar Holdings and lowered the price target from $59 to $56.
The news is directly related to Palomar Holdings. The 'Hold' rating suggests that the analyst believes the stock will perform in line with the market, while the lowered price target may suggest a slightly less optimistic outlook. However, as the rating has not changed, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100