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Piper Sandler Remains a Buy on Neptune Insurance Holdings, Inc. Class A (NP)

Tipranks - Tue Mar 24, 6:30AM CDT

In a report released today, John Barnidge 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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According to TipRanks, Barnidge is a 4-star analyst with an average return of 6.5% and a 55.97% success rate. Barnidge covers the Financial sector, focusing on stocks such as Lemonade, Assurant, and Principal Financial.

In addition to Piper Sandler, Neptune Insurance Holdings, Inc. Class A also received a Buy from TD Cowen’s Andrew Kligerman in a report issued on March 19. However, on March 14, TipRanks – OpenAI reiterated a Hold rating on Neptune Insurance Holdings, Inc. Class A (NYSE: NP).

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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