Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Porch Group (PRCH – Research Report) today. The company’s shares closed last Thursday at $4.31.
Kreyer covers the Communication Services sector, focusing on stocks such as Magnite, Cardlytics, and Integral Ad Science. According to TipRanks, Kreyer has an average return of 14.6% and a 50.61% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Porch Group with a $5.44 average price target.
Based on Porch Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $114.61 million and a GAAP net loss of $2.49 million. In comparison, last year the company earned a revenue of $64.11 million and had a GAAP net loss of $35.47 million
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Porch Group (PRCH) Company Description:
PropTech Acquisition Corp is an organized blank check company.
