Truist raised the firm’s price target on Heritage Insurance (HRTG) to $39 from $37 and keeps a Buy rating on the shares. The firm is increasing its EPS estimate for this year to $5.00 from $4.50, influenced by lower assumed attritional losses, the analyst tells investors in a research note.
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Read More on HRTG:
- Heritage Insurance Earnings Call Signals Profitable Turn
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- Heritage Insurance reports Q4 EPS $2.15, consensus $1.74
- Heritage Insurance Signals Strong Preliminary 2025 Profit Surge
- Heritage Insurance sees Q4 after-tax net income in excess of $60M
