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Essent Group price target raised to $68 from $61 at BofA

BofA raised the firm’s price target on Essent Group (ESNT) to $68 from $61 and keeps a Buy rating on the shares. The company reported solid Q2 results as credit performed better than expected, the analyst tells investors in a research note. The firm continues to see Essent’s ability to manage expenses and taxes as key positives versus peers.

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