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Palomar Holdings (PLMR) Soars 3.88% to Record High
Generated by AI AgentAinvest Movers Radar
Friday, Apr 11, 2025 6:31 pm ET1min read
Palomar Holdings (PLMR) surged to a record high today, with an intraday gain of 3.88%.
Palomar Holdings' stock price has seen a significant boost in recent weeks, with a 9.7% gain over the past four weeks. This strong performance has been accompanied by positive analyst upgrades, with
and Jefferies raising their price targets for to $150 and $168, respectively. Additionally, JPMorgan upgraded Palomar's stock rating to Overweight, further contributing to the positive sentiment surrounding the stock.The stock has been moving within a strong rising trend in the short term, with expectations of a 37.00% rise over the next three months. Despite some sell signals from a pivot top, the overall trend remains favorable. The stock holds buy signals from moving averages, suggesting a positive forecast.
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