JMP Securities Maintains Market Outperform on Hamilton Insurance Group, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has maintained a Market Outperform rating on Hamilton Insurance Group (NYSE:HG) and increased the price target from $22 to $23.
May 09, 2024 | 6:36 pm
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Hamilton Insurance Group's price target has been raised from $22 to $23 by JMP Securities, with a maintained Market Outperform rating.
The increase in price target by a reputable analyst like Matthew Carletti suggests a positive outlook on the stock, likely due to strong fundamentals or growth prospects. This endorsement can boost investor confidence and potentially lead to a short-term increase in stock price.
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