Keefe Bruyette analyst Meyer Shields raised the firm’s price target on Palomar (PLMR) to $205 from $195 and keeps an Outperform rating on the shares. The firm expects the shares to trade higher on Friday following the raised FY25 adjusted net income guidance, the analyst tells investors in a research note.
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Read More on PLMR:
- Palomar Holdings Completes Reinsurance Programs, Boosts Guidance
- Palomar completes certain reinsurance programs, increases FY25 net income view
- Palomar Holdings Concludes Annual Stockholders Meeting
- Palomar price target raised to $195 from $145 at Keefe Bruyette
- Palomar Holdings Reports Strong Q1 2025 Financial Results