MGIC Investment (MTG) Tops Q2 EPS by 6c

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MGIC Investment (MTG) PT Raised to $14 at BTIG on 2Q Report; 'Benefit from Improving Credit Drives 2Q17 Earnings Beat'

July 20, 2017 9:46 AM EDT

BTIG raised its price target on MGIC Investment (NYSE: MTG) to $14.00 (from $12.00) while maintaining a Buy rating, following the company's second quarter earnings announcement.

Analyst Mark Palmer notes the company delivered second quarter earnings per share result above consensus projections, while producing revenues... More