Barclays raised the firm’s price target on Slide Insurance (SLDE) to $31 from $29 and keeps an Overweight rating on the shares. The company’s gross written premiums grow 49% year-over-year as both lower expenses and more benign losses drive a combined ratio beat, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLDE:
