9.0% drop in HGTY short interest in September; JPMorgan and Truist raise price targets to $11.00.
Hagerty, Inc. (HGTY) saw a 9.0% drop in short interest in September, with 436,000 shares shorted. The short-interest ratio is 3.7 days, with 0.6% of shares sold short. JPMorgan and Truist Financial have raised their price targets for HGTY to $11.00. The company reported $0.12 earnings per share for the August quarter, surpassing estimates. Hagerty specializes in vehicle and boat insurance, reinsurance, and related services.
October 01, 2024
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