Goldman Sachs initiated coverage of Porch Group (PRCH) with a Buy rating and $21 price target The firm says Porch is a data-driven homeowners insurance, software, and consumer services platform. The company’s accelerating revenue growth and EBITDA margin expansion make Goldman positive on the shares.
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 PRCH: