Barclays Maintains Equal-Weight on MGIC Investment, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma maintains an Equal-Weight rating on MGIC Investment (NYSE:MTG) and raises the price target from $23 to $24.
October 08, 2024 | 5:27 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on MGIC Investment and increased the price target from $23 to $24, indicating a slightly positive outlook.
The increase in the price target from $23 to $24 by Barclays suggests a slightly positive outlook for MGIC Investment. The maintenance of the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100