Citizens Jmp Forecasts Strong Price Appreciation for Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Stock

Key Points

• Citizens Jmp raised its price target on Ethos Technologies (NASDAQ:LIFE) from $21 to $27 and kept a "market outperform" rating, though that $27 target implies about a 7.5% downside from the current share price.
• Analyst coverage is mixed: Weiss Ratings initiated with a "hold (c-)" and MarketBeat shows one Buy and one Hold, giving an average rating of "Moderate Buy" and an average price target of $27.00.
• The stock jumped to $29.20 on heavy volume (1.54M vs. 505k average); Ethos reported quarterly EPS of $0.42 and revenue of $110.08 million, and operates a digital direct-to-consumer life insurance platform.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) had its target price hoisted by research analysts at Citizens Jmp from $21.00 to $27.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a "market outperform" rating on the stock. Citizens Jmp's price objective suggests a potential downside of 7.53% from the stock's current price.

Separately, Weiss Ratings assumed coverage on Ethos Technologies Inc. Class A Common Stock in a research report on Wednesday, April 22nd. They issued a "hold (c-)" rating on the stock. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $27.00.

Ethos Technologies Inc. Class A Common Stock Price Performance

Shares of NASDAQ LIFE traded up $6.08 during mid-day trading on Thursday, hitting $29.20. The company had a trading volume of 1,538,999 shares, compared to its average volume of 505,442. Ethos Technologies Inc. Class A Common Stock has a 12 month low of $9.45 and a 12 month high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) last posted its earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The business had revenue of $110.08 million during the quarter.

About Ethos Technologies Inc. Class A Common Stock

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.

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