Jefferies Upgrades Palomar Hldgs to Buy, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Andersen upgraded Palomar Holdings (PLMR) from Hold to Buy and increased the price target from $78 to $88.
March 14, 2024 | 9:17 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jefferies upgraded Palomar Holdings from Hold to Buy and raised the price target to $88, indicating a positive outlook on the stock.
The upgrade from Hold to Buy by a reputable analyst at Jefferies, along with a significant increase in the price target, suggests a strong bullish sentiment towards Palomar Holdings. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100