CE 100 Index Adds 2.1% as Porch Group Rallies and Tencent Surges on Earnings

Over the past week, the CE 100 Index’s 2.1% rally outpaced its benchmarks, driven by gains across all pillars.

Porch Group led advancing names in the Index, surging more than 14.4%. Investing sites such as Tipranks reported that sell-side Wall Street firm Stephens boosted its price target on the company to $10 from $8 while keeping its “overweight” rating on the make (which is equivalent to a “buy” rating).  Analysts maintained that Porch’s operational execution and strategic focus should...