JMP Securities Maintains Market Outperform on ProAssurance, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti maintains a Market Outperform rating on ProAssurance (NYSE:PRA) but lowers the price target from $22 to $20.
July 17, 2024 | 11:33 am
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on ProAssurance but lowers the price target from $22 to $20.
The Market Outperform rating suggests continued confidence in ProAssurance's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100