MGIC Investment price target raised to $30 from $28 at Barclays

Barclays raised the firm’s price target on MGIC Investment (MTG) to $30 from $28 and keeps an Equal Weight rating on the shares. The firm sees additional upside in select consumer finance name in 2026. A “benign’ credit environment sets the stage for loan growth, the analyst tells investors in a research note. Barclays also forecasts a better mortgage origination market in 2026. The firm adjusted price targets as part of its 2026 outlook.