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Fly News Breaks for July 23, 2018
EVER
Jul 23, 2018 | 07:28 EDT
Canaccord analyst Michael Graham initiated EverQuote with a Buy rating as he believes insurance companies are more than ever trying to move sales online. He said he expects the company to focus on the long-term, which may lead to slow margin expansion due to continuous reinvestment. Graham has a $23 price target on EverQuote shares.
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