Keefe Bruyette analyst Meyer Shields raised the firm’s price target on Palomar to $113 from $96 and keeps an Outperform rating on the shares following the Q2 report. The firm increased estimates on the company’s “strong” premium growth and expects its “solid” underwriting results to sustain share outperformance over the next 12 months.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLMR:
Questions or Comments about the article? Write to editor@tipranks.com