RBC Capital Maintains Outperform on Essent Group, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak maintains an Outperform rating on Essent Group (NYSE:ESNT) but lowers the price target from $64 to $61.
May 06, 2024 | 5:00 pm
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RBC Capital maintains an Outperform rating on Essent Group but lowers the price target from $64 to $61.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Essent Group's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100