JMP Securities Reiterates Market Outperform on Root, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating on Root (NASDAQ:ROOT), maintaining a $15 price target.
April 15, 2024 | 4:31 pm
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JMP Securities reaffirms a Market Outperform rating on Root, Inc. with a $15 price target.
The reiteration of a Market Outperform rating and a $15 price target by JMP Securities suggests a positive outlook on Root's stock. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100