B. Riley analyst Randy Binner initiated coverage of Hippo (HIPO) with a Buy rating and $35 price target The current market environment is favorable, and B. Riley believes Hippo’s recent investor day sets the table for Hippo to grow profitably in an attractive homeowner’s insurance market, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIPO: