BUZZ-Insurance broker TWFG rises after prelim Q4 results
Shares of insurance broker TWFGup 5.3% at $31.83TWFG late Friday announced Q4 prelim results, with revenue expected to be largely above Wall Street expectationsJ.P. Morgan says it was a positive initial read on Q4 growth metrics, with premiums written, revenue and contingent commissions coming in above its expectationsTWFG expects to release final Q4 results in mid-MarchFive of nine brokerages rate the stock “buy” or higher and four “hold”; median PT is $34.50 - LSEG dataStock has jumped 87% since TWFG went public in July
Shares of insurance broker TWFG (TWFG.O) up 5.3% at $31.83
TWFG late Friday announced Q4 prelim results, with revenue expected to be largely above Wall Street expectations
J.P. Morgan says it was a positive initial read on Q4 growth metrics, with premiums written, revenue and contingent commissions coming in above its expectations
TWFG expects to release final Q4 results in mid-March
Five of nine brokerages rate the stock “buy” or higher and four “hold”; median PT is $34.50 - LSEG data
Stock has jumped 87% since TWFG went public in July
