Porch Group's (NASDAQ: PRCH) target price reduced to $3.00, Q2 and Q3 EPS misses reported.
Porch Group's (NASDAQ: PRCH) target price by Craig Hallum has been reduced to $3.00, while the average rating remains Moderate Buy with a consensus price target of $4.18. Despite this, other research firms such as Keefe, Bruyette & Woods and Stephens maintain their ratings and price targets for the company. Porch Group, a software and insurance platform company, reported a Q2 EPS miss with ($0.65) and experienced a Q3 earnings miss with ($0.65) EPS. The company's recent trading volume reached 1,348,970 shares, and its CFO, Shawn Tabak, sold 15,000 shares on June 6th. Investors should do thorough research before making any investment decisions.