BofA raised the firm’s price target on Neptune Insurance (NP) to $22.50 from $21 and keeps an Underperform rating on the shares after the company reported “healthy” margin and growth in its post-IPO Q3 report. While stating that growth and margins at Neptune “continue to be top tier,” the firm believes this is already largely contemplated in the share price.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NP:
- Neptune Insurance Holdings: Sell Rating Due to Overvaluation and Limited Growth Prospects
- Neptune Insurance Reports Strong Q3 2025 Revenue Growth
- Neptune Insurance reports Q3 EPS 6c vs 6c last year
- Neptune Insurance sees FY26 revenue $186M-$189M, consensus $153.28M
- 2 New IPO Stocks Hit the Market; Bank of America Picks the Superior One to Buy