Piper Sandler Assumes Selectquote (SLQT) at Overweight

April 6, 2021 6:51 AM EDT
Get Alerts SLQT Hot Sheet
Price: $31.56 -2.14%

Rating Summary:
    9 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 8 | New: 31
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Piper Sandler analyst Jeff Garro assumes coverage on Selectquote (NYSE: SLQT) with a Overweight rating and a price target of $39.00.

The analyst comments "We believe SLQT has a differentiated approach to efficiently & effectively match consumers with 3rd-party insurers, particularly in the large & growing $30B market for Medicare Advantage and Medicare Supplement plans. Further, we believe SLQT's proprietary tech platform that scores, bids, and routes leads, combined with a strong track record of recruiting, training, and retaining a flexible staff of producing agents, are the pillars of a flywheel model that attracts partners with rich products, driving satisfied consumers. SLQT helps deepen partner-consumer relationships over time, which improves the analytics that help identify effective leads, agents, and product matches, restarting the flywheel."

For an analyst ratings summary and ratings history on Selectquote click here. For more ratings news on Selectquote click here.

Shares of Selectquote closed at $31.02 yesterday.

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