Truist raised the firm’s price target on HCI Group (HCI) to $234 from $190 and keeps a Buy rating on the shares. The firm cites the company’s reported Q3 upside along with lower assumed losses, offset by slight dilution from the Exzeo (XZO) IPO, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HCI: