Lemonade (LMND) Climbs 15.8% on Morgan Stanley Rating, Price Target Hike

Lemonade Inc. (NYSE:LMND) is one of the 10 Stocks That Made Millionaires Today. Lemonade rallied for a third straight day on Tuesday, soaring 15.81 percent to finish at $66.87 apiece, as investors took heart from Morgan Stanley’s rating and price target upgrade for its stock. In a market note, the investment firm upgraded its rating for Lemonade Inc. (NYSE:LMND) to “overweight” from “equal weight,” alongside a 6 percent higher price target of $85 versus $80 prior. A Tesla car. Photo from Tesla website ...