Jefferies Maintains Hold on Root, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Yaron Kinar has maintained a 'Hold' rating on Root (NASDAQ:ROOT) and lowered the price target from $11 to $10.
October 06, 2023 | 6:49 pm
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Jefferies analyst has maintained a 'Hold' rating on Root and lowered the price target from $11 to $10.
The lowering of the price target by Jefferies analyst Yaron Kinar from $11 to $10 indicates a less optimistic outlook for the company's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100