JP Morgan Maintains Neutral on Essent Group, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Essent Group (NYSE:ESNT) but raises the price target from $63 to $68.
October 07, 2024 | 5:51 pm
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JP Morgan has maintained a Neutral rating on Essent Group but increased the price target from $63 to $68, indicating a positive outlook despite the unchanged rating.
The increase in price target from $63 to $68 suggests a positive outlook for Essent Group, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100