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The latest announcement is out from MSP Recovery ( (MSPR) ).
MSP Recovery, Inc. has reached confidential settlement agreements totaling $2.9 million in cash, involving a property and casualty insurer and a pharmaceutical defendant. The settlements include agreements to provide historical data and resolve Medicare claims, as well as addressing overpayments in a prescription drug scheme, potentially impacting the company’s operations and financial positioning.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
Spark’s Take on MSPR Stock
According to Spark, TipRanks’ AI Analyst, MSPR is a Underperform.
The overall stock score is heavily influenced by the company’s poor financial performance and weak technical indicators. The lack of earnings and dividends further depresses the valuation score. The absence of earnings call data and corporate events means these factors do not contribute to the score.
To see Spark’s full report on MSPR stock, click here.
More about MSP Recovery
MSP Recovery, Inc. operates in the legal and financial services industry, focusing on recovering improperly paid Medicare and Medicaid claims. The company specializes in identifying and recovering claims that have been paid incorrectly by insurance companies, aiming to improve financial outcomes for healthcare providers and insurers.
Average Trading Volume: 515,864
Technical Sentiment Signal: Sell
Current Market Cap: $1.92M
See more insights into MSPR stock on TipRanks’ Stock Analysis page.