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.
August 11, 2024
3 Articles