Oppenheimer Sticks to Its Hold Rating for Lemonade (LMND)


In a report released today, Jason Helfstein from Oppenheimer maintained a Hold rating on Lemonade (LMND). The company’s shares closed last Wednesday at $57.90.

According to TipRanks.com, Helfstein is a top 25 analyst with an average return of 30.8% and a 70.8% success rate. Helfstein covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and ANGI Homeservices.

Currently, the analyst consensus on Lemonade is a Hold with an average price target of $62.25.

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Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes.

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