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Slide Insurance initiated with an Overweight at Piper Sandler

Piper Sandler analyst Paul Newsome last night initiated coverage of Slide Insurance (SLDE) with an Overweight rating and $25 price target The firm says Slide is a profitable and growing Florida insurer with a “differentiated” technology component. The company operates in an environment that has become incrementally more favorable, the analyst tells investors in a research note.

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