Hippo Holdings Reaches Analyst Target Price
November 11, 2024 at 11:07 AM EST
In recent trading, shares of Hippo Holdings Inc (HIPO) have crossed above the average analyst 12-month target price of $24.67, changing hands for $28.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
