Canaccord lowered the firm’s price target on EverQuote (EVER) to $30 from $35 and keeps a Buy rating on the shares. The firm previewed its quarter and expects EverQuote to report strong Q4 results, reflecting healthy carrier profitability and a broadening of the recovery in auto insurance customer acquisition spend.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVER: