Compass Point Maintains Buy on HCI Group, Lowers Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a Buy rating on HCI Group but lowers the price target from $130 to $119.
October 08, 2024 | 3:17 pm
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NEUTRAL IMPACT
Compass Point's analyst maintains a Buy rating on HCI Group but reduces the price target from $130 to $119, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in HCI Group's prospects, but the lowered price target reflects a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100