Credit Suisse Upgrades MGIC Investment (MTG) to Neutral

Credit Suisse upgraded MGIC Investment (NYSE: MTG) from Underperform to Neutral with a price target of $10.00 (from $8.50).

Analyst D. Harter noted the final PMIERs were more favorable than expected with a reduction in the risk weighting in the legacy assets.

For an analyst ratings summary and ratings history on MGIC Investment click here. For more ratings news on MGIC Investment click here.

Shares of MGIC Investment closed at $9.91 yesterday.

You May Also Be Interested In

• QuantumScape (QS) PT Lowered to $6 at Truist Securities
• Wolfe Research Upgrades Bank of America (BAC) to Outperform, 'Underearning Firms Shouldn’t Trade at a Discount'
• Comerica (CMA) PT Raised to $54 at Piper Sandler