UBS Downgrades NMI Holdings to Neutral, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Doug Harter has downgraded NMI Holdings (NASDAQ:NMIH) from Buy to Neutral while raising the price target from $37 to $39.
May 22, 2024 | 12:59 pm
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UBS analyst Doug Harter downgraded NMI Holdings from Buy to Neutral but raised the price target from $37 to $39.
The downgrade from Buy to Neutral suggests a less optimistic outlook on the stock's performance, which could lead to a neutral or slightly negative short-term impact. However, the raised price target to $39 indicates some underlying confidence in the company's valuation.
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