Kemper shares are trading higher after Piper Sandler raised its price target on the stock from $56 to $66.
Portfolio Pulse from Benzinga Newsdesk
Kemper Corporation's stock (KMPR) is trading higher following an increase in the price target by Piper Sandler from $56 to $66.
January 25, 2024 | 5:13 pm
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POSITIVE IMPACT
Kemper Corporation's stock price is likely to experience a positive short term impact due to Piper Sandler's raised price target from $56 to $66.
Price target increases by reputable financial firms like Piper Sandler often lead to a positive investor sentiment and can result in a short term increase in stock price. Given that the new target represents a significant increase from the previous target, it suggests a strong conviction in the company's potential, which can be a strong driver for the stock's performance in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100