BofA issues downbeat outlook for Lemonade and Root shares
Bank of America equity analyst Josh Shanker has given a pessimistic view of the prospects for Lemonade and Root, initiating coverage on both insurtechs with an “underperform” rating.
Bank of America equity analyst Josh Shanker has given a pessimistic view of the prospects for Lemonade and Root, initiating coverage on both insurtechs with an “underperform” rating.