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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100