Neptune Insurance Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance above estimates.

Neptune Insurance Holdings shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight rating and raised the price target from $31 to $36.

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Morgan Stanley Upgrades Neptune Insurance Hldgs to Overweight, Raises Price Target to $36

Morgan Stanley analyst Bob Huang upgrades Neptune Insurance Hldgs (NYSE:NP) from Equal-Weight to Overweight and raises the price target from $31 to $36.