Stock Track | Lemonade Soars 6.20% in Pre-Market on Price Target Upgrade by Piper Sandler

Stock Track

2024-11-21

Lemonade, Inc. (LMND) saw its stock soar 6.20% in the pre-market trading session on Thursday, November 21st, 2024. This significant upward movement comes after Piper Sandler raised its price target on the company's shares.

According to reports, Piper Sandler increased its price target on Lemonade from $25 to $44, while maintaining a Neutral rating on the stock. This price target upgrade appears to be the key driver behind Lemonade's pre-market surge.

While details regarding the rationale behind the price target revision remain limited, the move by Piper Sandler has clearly boosted investor confidence in Lemonade's prospects, leading to the substantial pre-market gains.

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(LMND) saw its stock soar 6.20% in the pre-market trading session on Thursday, November 21st, 2024. This significant upward movement comes after Piper Sandler raised its price target on the company's shares.</p>\n\n<p>According to reports, Piper Sandler increased its price target on Lemonade from $25 to $44, while maintaining a Neutral rating on the stock. 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