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Lemonade Inc (NYSE: LMND)
Lemonade Inc (NYSE: LMND) offers insurance solutions across various categories such as renters, homeowners, auto, pet, and life insurance. It serves customers in the United States and Europe, including the UK, through a range of distribution channels.
As per our previous Kalkine’s Diversified Opportunities Report published on ‘LMND’ on 29th May 2025, Kalkine provided an ‘Buy’ stance on the stock at USD 32.53 based on “potential valuation upside, trading levels, company's accelerated growth with sequential IFP gains, driven by proprietary AI-powered precision pricing, strong telematics adoption, a doubling of cross-sells, and expanded market coverage to over 40% of the U.S. car market” and the stock price has now moved by ~ 16.26% since then and is trading above resistance 1.
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