In a report released today, Jason Kreyer from Craig-Hallum maintained a Buy rating on Porch Group (PRCH – Research Report). The company’s shares closed last Friday at $3.46.
According to TipRanks, Kreyer is a 5-star analyst with an average return of 11.8% and a 49.36% success rate. Kreyer covers the Communication Services sector, focusing on stocks such as Stagwell, Integral Ad Science, and Magnite.
Currently, the analyst consensus on Porch Group is a Strong Buy with an average price target of $5.00.
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Based on Porch Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $129.56 million and a GAAP net loss of $5.74 million. In comparison, last year the company earned a revenue of $77.35 million and had a GAAP net loss of $84.48 million
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Porch Group (PRCH) Company Description:
PropTech Acquisition Corp is an organized blank check company.
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