RBC Capital Maintains Sector Perform on MGIC Investment, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has maintained a 'Sector Perform' rating on MGIC Investment (MTG) and increased the price target from $18 to $21.
February 02, 2024 | 4:40 pm
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RBC Capital has maintained a 'Sector Perform' rating on MGIC Investment and raised the price target from $18 to $21.
The increase in price target from $18 to $21 by RBC Capital indicates a positive outlook on MGIC Investment's stock performance in the short term. This adjustment suggests that the analyst sees potential for growth or improvement in the company's stock value, which could lead to increased investor interest and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100