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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Fri May 29, 9:32AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Neptune Insurance Holdings, Inc. Class A (NP) and Royal Bank Of Canada (RY) with bullish sentiments.

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Neptune Insurance Holdings, Inc. Class A (NP)

In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Neptune Insurance Holdings, Inc. Class A, with a price target of $30.00. The company’s shares closed last Thursday at $28.80.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.6% and a 63.6% success rate. Newsome covers the Financial sector, focusing on stocks such as American Integrity Insurance Group, Inc., Skyward Specialty Insurance Group, Inc., and Bowhead Specialty Holdings Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Neptune Insurance Holdings, Inc. Class A with a $29.45 average price target, implying a 3.9% upside from current levels. In a report issued on May 20, TipRanks – xAI also upgraded the stock to Buy with a $29.00 price target.

See the top stocks recommended by analysts >>

Royal Bank Of Canada (RY)

Canaccord Genuity analyst Matthew Lee maintained a Buy rating on Royal Bank Of Canada today and set a price target of C$270.00. The company’s shares closed last Thursday at $188.62.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 23.0% and a 69.1% 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 Royal Bank Of Canada with a $185.55 average price target, which is a -1.2% downside from current levels. In a report issued on May 19, Bank of America Securities also maintained a Buy rating on the stock with a C$273.00 price target.

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