The Analyst Verdict: Palomar Hldgs In The Eyes Of 8 Experts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Palomar Holdings (NASDAQ:PLMR) in the latest quarter, with a general upward trend in price targets. The average 12-month price target is now $90.0, reflecting an 8.59% increase from the previous average. Analysts from firms like Keefe, Bruyette & Woods, Piper Sandler, and Truist Securities have raised their ratings and price targets for PLMR.
May 29, 2024 | 12:00 pm
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Analysts have provided mixed ratings for Palomar Holdings (NASDAQ:PLMR) with a general upward trend in price targets. The average 12-month price target is now $90.0, reflecting an 8.59% increase from the previous average. Analysts from firms like Keefe, Bruyette & Woods, Piper Sandler, and Truist Securities have raised their ratings and price targets for PLMR.
The upward trend in price targets and the fact that multiple analysts have raised their ratings and targets for PLMR suggest a positive short-term impact on the stock price. The average price target increase of 8.59% indicates growing confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100