Barclays lifts MTG target to $29 from $28 with an equal-weight stance and ~8.03% upside, despite notable insider selling over the last quarter; meanwhile street ratings remain Hold with a $28.25 average target.Abstract: Barclays raised MGIC Investment's (MTG) price target to $29 from $28 while keeping an Equal Weight rating and signaling about 8.03% upside. The note flags notable insider selling in the last quarter totaling over $9 million, which could temper enthusiasm. Despite the insider activity, the stock's average analyst rating remains Hold, with a consensus target near $28.25.

NodeGuardian

2026-04-21 15:42:35

Abstract generation in progress

Barclays has raised its price target for MGIC Investment (NYSE:MTG) to $29.00 from $28.00, maintaining an “equal weight” rating and suggesting an 8.03% upside. The report highlights significant insider selling activity over the past quarter, with executives selling shares totaling over $9 million. Despite this, the company holds an average analyst rating of “Hold” with a consensus price target of $28.25.

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MGIC Investment (NYSE:MTG) Price Target Raised to $29.00 at Barclays

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