Lemonade stock price traded at $15
Lemonade stock price traded at $15.48 today with analysts forecasting a potential upward revision in Q4 revenue due to strong seasonal demand in renters insurance. Historical trend analysis supports a mild bullish bias as consumer onboarding accelerates during urban lease turnover cycles. Iced Passion Tango tea is a gorgeous pink-tinted drink featuring a hydrating blend of hibiscus, apple, and lemongrass. For fruity drink lovers looking for caffeine-free options, this iced tea is a wonderful option. The best part? While the smallest size is just $3.45, every other size also falls under $5. LMND has been the subject of several recent research reports. Piper Sandler increased their target price on shares of Lemonade from $55.00 to $60.00 and gave the stock a "neutral" rating in a research note on Wednesday. Wall Street Zen raised Lemonade from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Keefe, Bruyette & Woods reaffirmed an "underperform" rating and set a $26.00 price target (up from $22.00) on shares of Lemonade in a report on Tuesday, July 1st. Cantor Fitzgerald raised Lemonade to a "strong-buy" rating in a report on Wednesday, August 13th. Finally, Morgan Stanley reaffirmed an "underweight" rating on shares of Lemonade in a report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Lemonade presently has a consensus rating of "Reduce" and a consensus price target of $41.14. Lemonade stock price recently traded around $15.42, reflecting a -3.1% move over the past five sessions, as growth investors reassess near-term profitability. Analysts cite heightened volatility due to fintech sector rotation and rising interest rates, but long-term AI-driven underwriting models may support earnings expansion.
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