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Analysts Offer Insights on Financial Companies: NMI Holdings (NMIH) and Riot Platforms (RIOT)

Tipranks - Sat May 23, 5:32AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on NMI Holdings (NMIH) and Riot Platforms (RIOT) with bullish sentiments.

Meet Samuel – Your Personal Investing Prophet

NMI Holdings (NMIH)

RBC Capital analyst Rowland Mayor initiated coverage with a Buy rating on NMI Holdings today and set a price target of $46.00. The company’s shares closed last Thursday at $37.76.

According to TipRanks.com, Mayor is a 3-star analyst with an average return of 5.8% and a 64.9% success rate. Mayor covers the Financial sector, focusing on stocks such as International General Insurance Holdings, Bowhead Specialty Holdings Inc., and American International Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NMI Holdings with a $44.50 average price target, which is a 17.5% upside from current levels. In a report issued on May 16, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $45.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Riot Platforms (RIOT)

Needham analyst John Todaro assigned a Buy rating to Riot Platforms today and set a price target of $28.50. The company’s shares closed last Thursday at $24.47.

According to TipRanks.com, Todaro is a top 100 analyst with an average return of 69.9% and a 66.9% success rate. Todaro covers the Financial sector, focusing on stocks such as Gemini Space Station, Inc. Class A, Coinbase Global, and MARA Holdings. ;'>

Currently, the analyst consensus on Riot Platforms is a Strong Buy with an average price target of $27.31, representing a 14.3% upside. In a report issued on May 7, Northland Securities also maintained a Buy rating on the stock with a $26.00 price target.

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