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MGIC Investment (MTG) Gets a Hold from Barclays
Barclays analyst Terry Ma maintained a Hold rating on MGIC Investment today and set a price target of $29.00.
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Ma covers the Financial sector, focusing on stocks such as American Express, SLM, and OneMain Holdings. According to TipRanks, Ma has an average return of 2.7% and a 49.55% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for MGIC Investment with a $28.75 average price target.
Based on MGIC Investment’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $298.65 million and a net profit of $169.31 million. In comparison, last year the company earned a revenue of $301.44 million and had a net profit of $184.7 million
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