Oppenheimer Maintains Outperform on Porch Group, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Porch Group (NASDAQ:PRCH) but lowers the price target from $4.5 to $3.5.
August 08, 2024 | 12:15 pm
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Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Porch Group but lowers the price target from $4.5 to $3.5.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some concerns about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100