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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Wed Feb 25, 7:32AM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Bank Of Nova Scotia (BNSResearch Report) and Skyward Specialty Insurance Group, Inc. (SKWDResearch Report) with bullish sentiments.

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Bank Of Nova Scotia (BNS)

In a report released today, Matthew Lee from Canaccord Genuity maintained a Buy rating on Bank Of Nova Scotia, with a price target of C$112.00. The company’s shares closed last Monday at $75.89.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 21.0% and a 69.0% success rate. Lee covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank Of Nova Scotia with a $76.94 average price target, which is a -0.6% downside from current levels. In a report issued on February 13, Raymond James also maintained a Buy rating on the stock with a C$114.00 price target.

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Skyward Specialty Insurance Group, Inc. (SKWD)

In a report released today, Mark Hughes from Truist Financial maintained a Buy rating on Skyward Specialty Insurance Group, Inc.. The company’s shares closed last Monday at $47.16.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 13.4% and a 64.4% success rate. Hughes covers the Financial sector, focusing on stocks such as Fidelity National Financial, W. R. Berkley Corporation, and First American Financial. ;'>

Currently, the analyst consensus on Skyward Specialty Insurance Group, Inc. is a Strong Buy with an average price target of $69.25, a 47.4% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $65.00 price target.

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