Slide Insurance (SLDE) News Today

Slide Insurance Holdings, Inc. (NASDAQ:SLDE) shares have been buoyed by a wave of analyst coverage initiations and upgrades, contributing to a rise in the stock price.

• Positive Sentiment: Piper Sandler upgraded Slide Insurance to a “strong-buy” rating.Slide Insurance (NASDAQ:SLDE) Upgraded at Piper Sandler
• Positive Sentiment: JMP Securities initiated coverage on SLDE with a “market outperform” rating and a $25.00 price target, implying roughly 35% upside.Slide Insurance (NASDAQ:SLDE) Earns Market Outperform Rating from Analysts at JMP Securities
• Positive Sentiment: Citizens JMP assumed coverage with an “outperform” rating and a $25.00 target, also signaling about 35% potential upside.Citizens Jmp Initiates Coverage on Slide Insurance (NASDAQ:SLDE)
• Positive Sentiment: Barclays started coverage with an “overweight” rating and a $25.00 price objective, reflecting a similar upside outlook.Slide Insurance (NASDAQ:SLDE) Coverage Initiated at Barclays
• Neutral Sentiment: MarketBeat aggregation shows an average “moderate buy” rating from four analysts, with two holds and two buys.Slide Insurance Holdings, Inc. (NASDAQ:SLDE) Given Average Rating of "Moderate Buy" by Analysts
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage with a “market perform” rating and a $20.00 target, implying about 7.9% upside.Slide Insurance (NASDAQ:SLDE) Coverage Initiated at Keefe, Bruyette & Woods
• Neutral Sentiment: Morgan Stanley began coverage with an “equal weight” rating and a $19.00 price target, signaling modest upside potential of about 2.5%.Slide Insurance (NASDAQ:SLDE) Now Covered by Analysts at Morgan Stanley

Overall, the preponderance of bullish ratings and high price targets from major firms suggests strong analyst confidence in Slide Insurance’s growth prospects, which is underpinning the stock’s upward movement.