Stock Track | Lemonade, Inc. Plummets 5.32% Intraday After Piper Sandler Cuts Price Target

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Lemonade, Inc. (LMND) shares plummeted 5.32% during intraday trading on Friday, marking a significant downward move for the insurance technology company.

The sharp decline followed news that Piper Sandler cut its price target on Lemonade to $65 from $85, representing a substantial reduction in the firm's valuation outlook for the stock.

Analyst target price revisions are closely watched by investors as signals of changing sentiment toward a company's future prospects, and Piper Sandler's downward adjustment appears to have contributed to selling pressure on Lemonade shares during the trading session.

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Plummets 5.32% Intraday After Piper Sandler Cuts Price Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-02-20 22:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lemonade, Inc. (LMND) shares plummeted 5.32% during intraday trading on Friday, marking a significant downward move for the insurance technology company.</p><p>The sharp decline followed news that Piper Sandler cut its price target on Lemonade to $65 from $85, representing a substantial reduction in the firm's valuation outlook for the stock.</p><p>Analyst target price revisions are closely watched by investors as signals of changing sentiment toward a company's future prospects, and Piper Sandler's downward adjustment appears to have contributed to selling pressure on Lemonade shares during the trading session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LMND","symbol_name":"Lemonade, Inc.","start_time":0,"source_url":"","article_id":"1151421999","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151421999","pubTimestamp":1771598226,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Lemonade, Inc. 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