Heritage Insurance Holdings' Price Target Raised to $36.50

Heritage Insurance Holdings' price target has been raised from $35.50 to $36.50, driven by updated earnings expectations and valuation work. Analyst Truist lifted its EPS estimate for this year to $5.00 from $4.50, reflecting lower assumed attritional losses. The firm highlights sensitivity around attritional loss assumptions, which could reset EPS and valuation if actual losses differ from modeled levels.