Keefe, Bruyette & Woods Downgrades Hippo Holdings to Market Perform, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded Hippo Holdings (NYSE:HIPO) from Outperform to Market Perform and lowered the price target from $22 to $20.
July 22, 2024 | 5:21 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods has downgraded Hippo Holdings from Outperform to Market Perform and reduced the price target from $22 to $20.
The downgrade from Outperform to Market Perform and the reduction in the price target from $22 to $20 by a reputable analyst firm is likely to negatively impact investor sentiment and short-term stock price performance for Hippo Holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100