Piper Sandler raised the firm’s price target on Palomar (PLMR) to $110 from $105 and keeps an Overweight rating on the shares after Q3 earnings. While the bottom line was better than expected, earnings guidance fell due to expected losses from Hurricane Helene and Hurricane Milton, Piper told investors in a research note.
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Read More on PLMR:
- AI Challenges and Risks: Navigating Palomar Holdings’ Path to Integration and Compliance
- Palomar Holdings Reports Strong Q3 2024 Results
- Palomar reports Q3 adjusted EPS $1.23, consensus $1.03
- PLMR Upcoming Earnings Report: What to Expect?
- Palomar price target lowered to $93 from $94 at JPMorgan
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