JPMorgan Gives Boost to EverQuote with New Coverage

Equities researchers at JPMorgan Chase & Co. initiated coverage on EverQuote (NASDAQ:EVER) in a note to investors on Monday, setting an 'overweight' rating and a price target of $29.00.

This would indicate a potential upside of 7.71% from the company's previous close of $26.92 per share.

EverQuote's stock traded up by $1.68 during trading hours on Monday, hitting $26.92 after exchanging 90,363 shares compared to its average volume of 841,757.