All You Need to Know About MGIC (MTG) Rating Upgrade to Strong Buy
MTGMGIC Investment (MTG) ZACKS·2024-10-12 01:01

MGIC Investment (MTG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a cha ...