Northland Capital Markets Maintains Outperform on Porch Group, Lowers Price Target to $3.25
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Porch Group (NASDAQ:PRCH) but lowered the price target from $5 to $3.25.
August 07, 2024 | 5:51 pm
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Northland Capital Markets has maintained an Outperform rating on Porch Group but lowered the price target from $5 to $3.25.
The Outperform rating suggests continued confidence in Porch Group's performance, but the lowered price target indicates tempered expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100