JP Morgan Maintains Neutral on Enact Holdings, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Enact Holdings (NASDAQ:ACT) and raises the price target from $30 to $31.
April 03, 2024 | 11:37 am
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JP Morgan analyst Richard Shane maintains a Neutral rating on Enact Holdings and raises the price target from $30 to $31.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
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IMPORTANCE 75
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