Bateman Robert H.
Known title: Chief Financial OfficerCIK: 0001557065
Associated companies
Transaction History
| ROOT | ▲ Buy | Grant | 653,416 | $0 | 4/11/2022 | View on chart |
| ROOT | ▲ Buy | Grant | 653,416 | $0 | 4/11/2022 | View on chart |
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October 15, 2026
Wells Fargo cuts Root price target to $47
Wells Fargo lowered its price target for Root to $47 while maintaining an Equal-Weight rating. This adjustment occurs as the stock trades near its 52-week low, with the new target sitting below the current average analyst estimate of $57. The move reflects a more cautious outlook for the insurer amidst broader industry developments.
Wells Fargo cuts Root price target to $47. Wells Fargo lowered its price target for Root to $47 while maintaining an Equal-Weight rating. This adjustment occurs as the stock trades near its 52-week low, with the new target sitting below the current average analyst estimate of $57. The move reflects a more cautious outlook for the insurer amidst broader industry developments.