Morgan Stanley raised the firm’s price target on Lemonade (LMND) to $26 from $24 and keeps an Underweight rating on the shares.
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Read More on LMND:
- Lemonade announces launch of car insurance in Indiana
- Lemonade Announces New Reinsurance Program Terms
- Lemonade price target raised to $23 from $15 at BMO Capital
- Cautious Outlook on Lemonade: Sell Rating Due to High Loss Ratio and Reinsurance Risks
- Lemonade price target raised to $26 from $22 at Keefe Bruyette