JPMorgan Chase upgraded Hagerty's price target from $9.50 to $11.00, maintaining a neutral rating.

JPMorgan Chase upgraded Hagerty's price target from $9.50 to $11.00, maintaining a neutral rating. HGTY reported Q2 EPS of $0.04, exceeding analysts' estimates of $0.03. Insider trading reveals insiders sold 240K shares, while institutional investors like Vanguard Group and Meixler Investment Management increased their stakes. Hagerty has a market cap of $3.69bn, a P/E ratio of 182.86, and a beta of 0.80.

July 14, 2024
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