|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||86.20 - 95.11|
|52 Week Range||44.11 - 188.30|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 02, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||107.67|
Technology-oriented insurance company Lemonade, Inc. (NYSE: LMND) ended today's trading at $86.75, down slightly more than $100 from its 52-week high. At least one analyst, however, thinks Lemonade is poised to recover its 2020 glory and rise to even higher share-value levels. Oppenheimer, hardly a lightweight in the analysis field, presented a bull case today, which is the diametric opposite of general sentiment about the stock.
The volatile insurance tech stock amplified the broader market's moves in anticipation of an early March earnings report.
Lemonade (NYSE: LMND), Bandwidth (NASDAQ: BAND), and Opendoor Technologies (NASDAQ: OPEN) were some of last week's biggest losers, plummeting 26%, 21%, and 22%, respectively. Fans of accelerating growth will warm up quickly to Bandwidth.