JMP Securities Maintains Market Outperform on Kemper, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti maintains a Market Outperform rating on Kemper (NYSE:KMPR) but lowers the price target from $85 to $75.
October 24, 2023 | 1:01 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Kemper but lowers the price target from $85 to $75.
The news is directly related to Kemper (KMPR). While the maintenance of the Market Outperform rating is positive, the lowering of the price target from $85 to $75 might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100