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Porch Group, Inc. (NASDAQ:PRCH) Analysts Just Slashed Next Year's Revenue Estimates By 12%

By Yahoo! Finance   |   Nov 12, 2024 at 06:18 AM EST
Porch Group, Inc. (NASDAQ:PRCH) Analysts Just Slashed Next Year's Revenue Estimates By 12%

Analysts downgraded revenue forecasts for Porch Group, Inc. Investors should adjust expectations as revenues are expected to decline. Despite recent stock price surge, analysts are more cautious about future growth compared to industry peers. Analysts raised price target, suggesting improved prospects, but caution is advised following the downgrade.

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