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Piper Sandler Reaffirms Their Buy Rating on Neptune Insurance Holdings, Inc. Class A (NP)

Tipranks - Tipranks - Tue Apr 21, 6:18AM CDT

In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Neptune Insurance Holdings, Inc. Class A, with a price target of $30.00.

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Newsome covers the Financial sector, focusing on stocks such as Accelerant Holdings Class A, Neptune Insurance Holdings, Inc. Class A, and Arthur J Gallagher & Co. According to TipRanks, Newsome has an average return of 11.4% and a 68.14% success rate on recommended stocks.

In addition to Piper Sandler, Neptune Insurance Holdings, Inc. Class A also received a Buy from KBW’s Thomas McJoynt Griffith in a report issued on April 7. However, on April 14, Bank of America Securities maintained a Hold rating on Neptune Insurance Holdings, Inc. Class A (NYSE: NP).

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Based on Neptune Insurance Holdings, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $43.77 million and a net profit of $4.34 million.

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