Jefferies Maintains Underperform on Lemonade, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Yaron Kinar maintains an Underperform rating on Lemonade (NYSE:LMND) and lowers the price target from $15 to $14.
October 09, 2024 | 6:29 pm
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Jefferies analyst Yaron Kinar has maintained an Underperform rating on Lemonade and reduced the price target from $15 to $14, indicating a bearish outlook.
The maintenance of an Underperform rating and the reduction of the price target by Jefferies suggests a negative outlook on Lemonade's stock performance. This is likely to put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100