Mercury General Soars: Analyst Boost Drives Stock Surge

Mercury General stock surges after Raymond James issues a strong buy rating with a new $100 price target, signaling confidence in the auto insurer's growth potential. Shares hit an all-time high, fueled by better-than-expected Q2 results with reduced catastrophe losses and increased net premiums. Discover how this boring insurance stock quietly outperformed, rewarding investors who looked beyond the usual tech giants. Hosted on Acast. See acast.com/privacy for more information.