Lemonade, Inc. (NYSE:LMND) Receives Consensus Recommendation of "Hold" from Brokerages

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Lemonade, Inc. (NYSE:LMND) has received a consensus “Hold” rating from brokerages, with an average 12-month price target of $71.71. The company recently reported a Q4 revenue beat and improved EPS, along with positive free cash flow, moving up its timeline to adjusted-EBITDA profitability. However, the stock is experiencing volatility due to significant insider selling and high short interest, leading to recent price swings.

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