Analysts Offer Insights on Financial Companies: Lemonade (LMND) and Robinhood (HOOD)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Lemonade (LMND – Research Report) and Robinhood (HOOD – Research Report).
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Lemonade (LMND)
In a report released yesterday, Michael Zaremski from BMO Capital maintained a Sell rating on Lemonade, with a price target of $45.00. The company’s shares closed last Monday at $50.51, close to its 52-week high of $53.85.
According to TipRanks.com, Zaremski is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Lemonade with a $69.33 average price target, which is a 21.2% upside from current levels. In a report released yesterday, KBW also maintained a Sell rating on the stock with a $44.00 price target.
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Robinhood (HOOD)
In a report issued on February 20, Brian Bedell from Deutsche Bank reiterated a Buy rating on Robinhood. The company’s shares closed last Monday at $71.78.
According to TipRanks.com, Bedell is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Robinhood with a $125.92 average price target, representing a 68.8% upside. In a report issued on February 9, Wolfe Research also upgraded the stock to Buy with a $125.00 price target.
