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 70% Off TipRanks Premium
- 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 PRCH: