JMP Securities Reiterates Market Outperform on AMERISAFE, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating on AMERISAFE (NASDAQ:AMSF), maintaining a $65 price target. This reaffirmation suggests a positive outlook on AMSF's stock performance.
April 15, 2024 | 3:25 pm
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POSITIVE IMPACT
AMERISAFE's stock rating was reaffirmed by JMP Securities as Market Outperform with a $65 price target, indicating a positive outlook.
The reiteration of a Market Outperform rating and the maintenance of a $65 price target by a reputable analyst firm like JMP Securities can be seen as a strong vote of confidence in AMERISAFE's future stock performance. This endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100