JMP Securities Reiterates Market Outperform on Root, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating for Root (NASDAQ:ROOT) and maintained a $90 price target.
October 15, 2024 | 4:24 pm
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POSITIVE IMPACT
JMP Securities has reiterated its Market Outperform rating for Root, maintaining a $90 price target, indicating confidence in the company's future performance.
The reiteration of a Market Outperform rating and a high price target by JMP Securities suggests a positive outlook for Root, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100