JMP Securities Maintains Market Outperform on HCI Group, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has maintained a Market Outperform rating on HCI Group (NYSE:HCI) and increased the price target from $120 to $135. This adjustment reflects a positive outlook on the company's future performance.
May 09, 2024 | 6:34 pm
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POSITIVE IMPACT
JMP Securities has raised the price target for HCI Group from $120 to $135, maintaining a Market Outperform rating.
The increase in price target by JMP Securities indicates a strong confidence in HCI Group's future performance. This positive analyst rating 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