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Raymond James downgrades ProAssurance (PRA) to a Sell

Tipranks - Thu Apr 10, 2025

ProAssurance (PRAResearch Report) received a Sell rating and price target from Raymond James analyst Gregory Peters today. The company’s shares closed yesterday at $23.17.

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Peters covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Progressive, and AFLAC. According to TipRanks, Peters has an average return of 11.1% and a 66.97% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for ProAssurance with a $18.00 average price target.

Based on ProAssurance’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $284.28 million and a net profit of $16.17 million. In comparison, last year the company earned a revenue of $296.96 million and had a net profit of $6.38 million

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