Overlooked Stock: LMND Rallies 30% on Strong Earnings

Lemonade (LMND) gapped higher after the insurance provider flexed an earnings beat and strong guidance. George Tsilis explains how there was a foundation set for explosive price action heading into the quarterly report. However, he notes the analysts haven't lifted their Street-high price target of $60 -- nearly $20 below where Lemonade closed on Wednesday.

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