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Enact Holdings price target raised to $33 from $30 at BTIG

Enact Holdings price target raised to $33 from $30 at BTIG

BTIG analyst Soham Bhonsle raised the firm’s price target on Enact Holdings to $33 from $30 and keeps a Buy rating on the shares. Coming out of Q1 earnings season, the firm continues to view the mortgage insurance sector favorably as the sector offers top-line stability and credit trends “should remain somewhat sanguine” as along as unemployment remains range bound, the analyst tells investors.

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