There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Equinix (EQIX) and NMI Holdings (NMIH) with bullish sentiments.
Equinix (EQIX)
Credit Suisse analyst Sami Badri maintained a Buy rating on Equinix today and set a price target of $474. The company’s shares opened today at $412.
According to TipRanks.com, Badri ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -7.2% and a 40.9% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Equinix with a $481.50 average price target, which is a 16.9% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $488 price target.
See today’s analyst top recommended stocks >>
NMI Holdings (NMIH)
B.Riley FBR analyst Randy Binner maintained a Buy rating on NMI Holdings today and set a price target of $26. The company’s shares opened today at $22.11.
According to TipRanks.com, Binner is a 5-star analyst with an average return of 13.6% and a 68.4% success rate. Binner covers the Financial sector, focusing on stocks such as Health Insurance Innovations, National General Holdings, and Prudential Financial Inc.
Currently, the analyst consensus on NMI Holdings is a Strong Buy with an average price target of $26.60, which is a 20.3% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $28 price target.
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