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Neptune Insurance Holdings, Inc. Class A (NP) Gets a Buy from Goldman Sachs

Tipranks - Tipranks - Fri Apr 24, 7:22AM CDT

Goldman Sachs analyst Robert Cox CFA maintained a Buy rating on Neptune Insurance Holdings, Inc. Class A yesterday and set a price target of $34.00. The company’s shares closed yesterday at $28.07.

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Cox CFA covers the Financial sector, focusing on stocks such as Brown & Brown, American International Group, and Allstate. According to TipRanks, Cox CFA has an average return of 4.2% and a 60.00% success rate on recommended stocks.

Currently, the analyst consensus on Neptune Insurance Holdings, Inc. Class A is a Moderate Buy with an average price target of $27.50, representing a -2.03% downside. In a report released today, TD Cowen also assigned a Buy rating to the stock with a $32.00 price target.

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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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