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Hagerty Inc (Symbol: HGTY) shares recently traded at $12.02, surpassing the average analyst 12-month target price of $12.00. This milestone prompts potential analyst reactions, including downgrading the valuation or adjusting the target price upwards, influenced by the company’s performance.
Within the Zacks coverage, there are three analyst targets contributing to the average. They range from a low of $11.00 to a high of $14.00, with a standard deviation of $1.732. Currently, the breakdown of ratings for HGTY includes one “Buy” and three “Hold” ratings, with an average rating of 3.2 on a scale where 1 is Strong Buy and 5 is Strong Sell.
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