tiprankstipranks

Palomar price target lowered to $57 from $59 at Jefferies

Jefferies analyst Andrew Anderson lowered the firm’s price target on Palomar to $57 from $59 and keeps a Hold rating on the shares. The analyst expects the company to continue to post above commercial property and casualty peer growth and margins, but says this is already reflected in the stock’s multiple.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on PLMR:

Disclaimer & DisclosureReport an Issue