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Fly News Breaks for April 19, 2018
MTG
Apr 19, 2018 | 07:36 EDT
Barclays analyst Mark DeVries says he remains bullish on shares of MGIC Investment following the company's Q1 results. Wells Fargo this morning downgraded the shares to Market Perform. MGIC posted another quarter of positive credit trends, and the stock's risk/reward is "very compelling" at current levels, DeVries tells investors in a post-earnings research note. He keeps an Overweight rating on the shares with a $16 price target.
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