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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Thu Jun 18, 6:38AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Assurant (AIZ) and Coinbase Global (COIN) with bullish sentiments.

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Assurant (AIZ)

In a report released today, Mark Hughes from Truist Financial maintained a Buy rating on Assurant, with a price target of $310.00. The company’s shares closed last Tuesday at $260.55.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 15.0% and a 68.3% success rate. Hughes covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Heritage Insurance Holdings, and Fidelity National Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Assurant with a $283.83 average price target.

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Coinbase Global (COIN)

In a report released today, Chris Brendler from Rosenblatt Securities reiterated a Buy rating on Coinbase Global, with a price target of $240.00. The company’s shares closed last Tuesday at $169.27, close to its 52-week low of $146.12.

According to TipRanks.com, Brendler is a 5-star analyst with an average return of 34.1% and a 53.8% success rate. Brendler covers the Financial sector, focusing on stocks such as Gemini Space Station, Inc. Class A, Miami International Holdings, Inc., and HIVE Digital Technologies. ;'>

Coinbase Global has an analyst consensus of Moderate Buy, with a price target consensus of $237.60, representing a 40.3% upside. In a report issued on June 3, Goldman Sachs also maintained a Buy rating on the stock with a $220.00 price target.

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