BUZZ-Pet insurer Trupanion gains after Piper Sandler raises PT

Reuters

07/03

BUZZ-Pet insurer <a href="https://laohu8.com/S/TRUP">Trupanion</a> gains after Piper Sandler raises PT

** Shares of pet insurer Trupanion TRUP.O rise 2.1% to $53.05

** Piper Sandler raises PT to $62 from $52, reiterates "overweight" rating

** TRUP experienced higher-than-expected level of enrolled pets in Q1, indicating strong product adoption - brokerage

** Says TRUP is seeing positive traction across the vet channel, which should help support future growth in enrolled pets

** Up to last close, TRUMP up 7.8% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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