Universal Insurance Holdings shares are trading higher after Piper Sandler maintained an Overweight rating on the stick and raised its price target from $20 to $21.
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained an Overweight rating on Universal Insurance Holdings and raised its price target from $20 to $21. This has led to a rise in the company's share prices.
October 30, 2023 | 5:28 pm
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Piper Sandler's maintained Overweight rating and increased price target for Universal Insurance Holdings has resulted in a rise in the company's share prices.
The maintained Overweight rating and increased price target by Piper Sandler indicates a positive outlook for Universal Insurance Holdings. This has led to increased investor confidence, resulting in a rise in the company's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100