BUZZ-Insurance broker TWFG rises after prelim Q4 results

Shares of insurance broker TWFG TWFG.O up 5.3% at $31.83

TWFG late Friday announced Q4 prelim results, with revenue expected to be largely above Wall Street expectations

J.P. Morgan says it was a positive initial read on Q4 growth metrics, with premiums written, revenue and contingent commissions coming in above its expectations

TWFG expects to release final Q4 results in mid-March

Five of nine brokerages rate the stock "buy" or higher and four "hold"; median PT is $34.50 - LSEG data

Stock has jumped 87% since TWFG went public in July