Published: Fri 22 Nov 2024

JMP cuts Root to market perform, raises Lemonade and Hippo price targets

JMP Securities has downgraded its outlook for Root to market perform following its recent strong share price rally, while price targets for fellow insurtechs Lemonade and Hippo have been raised.

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Published: Fri 22 Nov 2024

Root’s Timm: Hitting profitability is vindicating, but “mission still isn’t done”

JMP cuts Root to market perform, raises Lemonade and Hippo price targets

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