Keefe Bruyette analyst Tommy McJoynt lowered the firm’s price target on Root (ROOT) to $165 from $170 and keeps an Outperform rating on the shares. Root reported a strong beat from a bottom-line perspective, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROOT: