Needham Maintains Buy on EverQuote, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon maintains a Buy rating on EverQuote (NASDAQ:EVER) and raises the price target from $15 to $25.
February 27, 2024 | 3:38 pm
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POSITIVE IMPACT
Needham maintains a Buy rating on EverQuote and increases the price target from $15 to $25.
The upgrade in the price target by a reputable analyst firm like Needham is a strong positive signal for EverQuote. It suggests a bullish outlook on the stock's future performance, potentially leading to increased investor confidence and a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100