Tiptree Inc (NASDAQ: TIPT) stock enjoyed a major increase of 12.3% on 11/2/23. The shares closed at $17.03. The stock has risen 11.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, TIPT is expected to continue to be a modest Value Eraser.
Tiptree has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tiptree has a poor Appreciation Score of 21 but a good Power Rating of 82, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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