Piper Sandler Maintains Overweight on Kemper, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome has maintained an Overweight rating on Kemper Corporation (NYSE:KMPR) and increased the price target from $56 to $66. This adjustment reflects a positive outlook on the company's stock.
January 25, 2024 | 1:32 pm
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POSITIVE IMPACT
Piper Sandler has reaffirmed an Overweight rating on Kemper and raised the price target to $66, indicating a positive sentiment towards the company's future stock performance.
The increase in price target by a reputable analyst like Paul Newsome from Piper Sandler typically signals a strong conviction in the company's potential for growth and profitability. This can often lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100