JPMorgan raised the firm’s price target on Palomar (PLMR) to $160 from $155 and keeps an Overweight rating on the shares. The firm upped estimates following the Q4 report and says the stock selloff post earnings is not warranted.
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 PLMR:
- Palomar Holdings Signals Confident Growth After Record Year
- Palomar participates in a conference call with JPMorgan
- Palomar: Sustained >20% Growth and Conservative 2026 Outlook Underpin Buy Rating
- Palomar reports Q4 adjusted EPS $2.24, consensus $2.09
- Palomar sees FY26 adjusted net income $260M-$275M