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Ethos initiated with a Buy at Deutsche Bank

Deutsche Bank analyst Lee Horowitz initiated coverage of Ethos (LIFE) with a Buy rating and $23 price target The firm views Ethos as a “disruptive force in the digitally immature” life insurance industry. The company has a “superior” technology stack and a multi-channel distribution model to quickly gain share in a structurally slow-growing market, the analyst tells investors in a research note.

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