Keefe Bruyette analyst Thomas McJoynt-Griffith lowered the firm’s price target on Hippo to $19 from $23 and keeps an Outperform rating on the shares. The analyst reduced estimates to reflect the “still challenged” underwriting results, but likes the company’s enhanced focus on profitability.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HIPO:
