JP Morgan Maintains Overweight on NMI Holdings, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on NMI Holdings (NASDAQ:NMIH) and raises the price target from $35 to $36.
May 01, 2024 | 2:51 pm
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JP Morgan analyst Richard Shane reaffirmed an Overweight rating on NMI Holdings and increased the price target to $36.
The upgrade in the price target by a reputable analyst like Richard Shane from JP Morgan is a strong positive signal for NMI Holdings. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100