Piper Sandler upgraded its rating of Universal Insurance Hldgs UVE to Overweight with a price target of $19.00, changing its price target from $11.00 to $19.00.
Shares of Universal Insurance Hldgs are trading up 16.16% over the last 24 hours, at $17.47 per share.
A move to $19.00 would account for a 8.76% increase from the current share price.
About Universal Insurance Hldgs
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
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