Goldman Sachs Maintains Neutral Rating for Hippo Holdings: Here's What You Need To Know

Goldman Sachs has decided to maintain its Neutral rating of Hippo Holdings HIPO and lower its price target from $28.00 to $23.00.

Shares of Hippo Holdings are trading up 5.14% over the last 24 hours, at $16.98 per share.

A move to $23.00 would account for a 35.45% increase from the current share price.

About Hippo Holdings

Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, service line coverage, among others.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.