Metromile downgraded by Cantor Fitzgerald with a new price target
$MILE
Property-Casualty Insurers
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Cantor Fitzgerald downgraded Metromile from Overweight to Neutral and set a new price target of $7.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2022 | $3.27 → $2.04 | Neutral | Piper Sandler |
| 11/16/2021 | $6.00 → $3.27 | Neutral | Piper Sandler |
| 8/10/2021 | Overweight → Neutral | Piper Sandler | |
| 8/10/2021 | $7.00 | Overweight → Neutral | Cantor Fitzgerald |
SAN FRANCISCO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced a significant expansion of its Independent Agents program, along with the appointment of Scot Rankin, a 30 year insurance veteran, as Independent Agency Relationship Manager. Through an integration with the EZLynx Rating Engine, Metromile can now offer Independent Agents access to Metromile's high quality, customizable pay-per-mile auto insurance, which features significant savings, standout customer experience, and easy bundling of home and auto insurance. Rankin, who joins Metromile from Travelers, will build additi