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Analysts Offer Insights on Financial Companies: Assurant (AIZ) and Popular (BPOP)

Tipranks - Tue Jun 23, 6:26AM CDT

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

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Assurant (AIZ)

Piper Sandler analyst Paul Newsome maintained a Buy rating on Assurant today and set a price target of $290.00. The company’s shares closed last Thursday at $259.86.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.8% and a 66.1% success rate. Newsome covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, American Integrity Insurance Group, Inc., and Skyward Specialty Insurance Group, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Assurant with a $283.83 average price target, a 7.0% upside from current levels. In a report issued on June 17, Truist Financial also assigned a Buy rating to the stock with a $310.00 price target.

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Popular (BPOP)

In a report released today, Manuel Navas from Piper Sandler maintained a Buy rating on Popular, with a price target of $173.00. The company’s shares closed last Thursday at $159.24.

According to TipRanks.com, Navas is a 5-star analyst with an average return of 12.5% and a 78.2% success rate. Navas covers the Financial sector, focusing on stocks such as Tompkins Financial Corporation, Provident Financial Services, and Peapack-Gladstone Financial. ;'>

Popular has an analyst consensus of Strong Buy, with a price target consensus of $171.22, implying a 7.4% upside from current levels. In a report issued on June 9, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $184.00 price target.

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