TD Cowen Maintains Hold on Root, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Kligerman maintains a Hold rating on Root (NASDAQ:ROOT) and raises the price target from $11 to $51.
June 05, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
TD Cowen analyst Andrew Kligerman maintains a Hold rating on Root and significantly raises the price target from $11 to $51.
The significant increase in the price target from $11 to $51 suggests a positive outlook for Root's future performance, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100