Shares of Lemonade, Inc. (LMND), the insurance technology company, surged 8.96% on Friday during the intraday trading session, following positive analyst commentary on the stock.

While no specific news regarding Lemonade was released on Friday, the stock rally could be attributed to increased optimism from Wall Street analysts. According to the news article "Analysts Offer Insights on Financial Companies: Factset Research (FDS), Inter & Company Incorporation Class A (INTR) and Lemonade (LMND)," analysts have expressed bullish sentiments on the company, potentially driving investor interest and contributing to the stock's upward momentum.

Lemonade, a disruptive insurtech company, offers a unique business model that leverages artificial intelligence and behavioral economics to provide insurance products for homeowners, renters, and pet owners. The company's innovative approach and potential for growth in the rapidly evolving insurance industry have garnered attention from investors and analysts alike.