Lake Street analyst Ryan Meyers reiterated a Buy rating on Trupanion (TRUP – Research Report) today and set a price target of $50.00. The company’s shares closed yesterday at $23.78.
Meyers covers the Consumer Cyclical sector, focusing on stocks such as BARK Inc Class A, Karat Packaging Inc, and Xponential Fitness. According to TipRanks, Meyers has an average return of -7.1% and a 35.82% success rate on recommended stocks.
In addition to Lake Street, Trupanion also received a Buy from Canaccord Genuity’s Maria Ripps in a report issued today. However, on the same day, Piper Sandler maintained a Hold rating on Trupanion (NASDAQ: TRUP).
The company has a one-year high of $36.82 and a one-year low of $18.45. Currently, Trupanion has an average volume of 693.8K.
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Trupanion (TRUP) Company Description:
Trupanion, Inc. engages in the provision of medical insurance for cats and dogs. It operates through the following segments: Subscription Business and Other Business. The Subscription Business segment involves in the monthly subscriptions of pet medical insurance. The Others Business segment includes companies or organizations that choose to provide medical insurance for cats and dogs as a benefit to their employees or members and contracts include multiple pets. The company was founded by Darryl Rawlings in January 2000 and is headquartered in Seattle, WA.
Read More on TRUP:
- Trupanion CEO Darryl Rawlings Steps Down, Margi Tooth Steps Up
- Trupanion, Inc. Announces First Quarter 2024 Earnings Release and Conference Call
- Trupanion Publishes 2023 Annual Letter to Shareholders
- Trupanion issues letter to shareholders
- Trupanion price target lowered to $28 from $32 at Piper Sandler
