Piper Sandler analyst Arvind Ramnani lowered the firm’s price target on Lemonade (LMND) to $34 from $44 following multiple revision to reflect longer time horizon, while keeping a Neutral rating on the shares. The firm says Lemonade rounded out a strong 2024, with a Q4 that was comfortably the company’s “best quarter ever.”
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 LMND: