JMP Securities Reiterates Market Outperform on Lemonade, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Karol Chmiel reiterates a Market Outperform rating on Lemonade (LMND) and maintains a $40 price target.

April 15, 2024 | 4:10 pm
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JMP Securities analyst Karol Chmiel reiterates a Market Outperform rating on Lemonade, maintaining a $40 price target.
The reiteration of a Market Outperform rating by JMP Securities, along with maintaining a $40 price target, signals strong analyst confidence in Lemonade's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in LMND's stock price, as it reaffirms the company's potential for growth and profitability in the eyes of market watchers.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100