RBC Capital Upgrades NMI Holdings to Outperform, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has upgraded NMI Holdings from Sector Perform to Outperform and increased its price target from $40 to $48, indicating a positive outlook for the company's stock.
September 18, 2024 | 9:45 am
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RBC Capital has upgraded NMI Holdings to Outperform and raised its price target to $48, suggesting a positive short-term outlook for the stock.
The upgrade from Sector Perform to Outperform by RBC Capital, along with a raised price target, typically indicates increased confidence in the company's future performance. This is likely to attract more investors, potentially driving the stock price up in the short term.
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