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Stock impact report

Why Trupanion (TRUP) Stock Is Down Today [Yahoo! Finance]

Trupanion, Inc. (TRUP) 
Last trupanion, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.trupanion.com
Company Research Source: Yahoo! Finance
Analyst Ryan Tunis adjusted the price target downward by 16%, from $50.00 to $42.00, while maintaining a "Neutral" rating on the shares. A lower price target, even without a formal rating downgrade, often suggests that an analyst has a more cautious view of a stock's potential for growth in the near term. This adjustment reflected a less optimistic outlook on the company's future stock performance, which appeared to weigh on investor sentiment. After the initial drop the shares shed some of the losses and close the day $34.04, down 3.8% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Trupanion? Access our full analysis report here, it's free Trupanion's shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change it Show less Read more
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