Enact Holdings price target raised to $39 from $37 at JPMorgan

JPMorgan analyst Richard Shane raised the firm’s price target on Enact Holdings (ACT) to $39 from $37 and keeps a Neutral rating on the shares. The firm established year-end 2026 price targets in the consumer finance group heading into the Q2 reports. While tariff uncertainty remains elevated, the probability of “left-tailed scenarios” has diminished, which warrants a more constructive outlook, the analyst tells investors in a research note.