Susquehanna analyst Jack Micenko noted MGIC Investment was lowering its prices on borrower paid mortgage insurance and the shares of it and other mortgage insurers fell in reaction. The analyst said the impact to earnings does not correlate to the stock's reaction, but admitted the group will probably be stuck in the penalty box in the near-term. He believes investors with a six-to-nine month investment horizon would be well served to buy the group at current levels. Micenko maintained his Positive rating, though he lowered his price target to $16 from $18, on MGIC Investment shares.