BTIG assumes coverage of Radian with 'buy' rating; shares rise
22/09/2026 17:44
BUZZ-BTIG assumes coverage of Radian with 'buy' rating; shares rise ** Shares of mortgage insurance provider Radian Group RDN.N rise nearly 2% to $34.93 in afternoon trading
** BTIG assumes coverage with "buy" rating; PT at $48, implying an almost 40% upside to stock's last close
** Expects RDN to deliver the highest ROE among mortgage insurers as it was able to deploy some of its excess capital into the Inigo acquisition
** Sees potential for further upside to capital return; says co has room to optimize capital levels at Inigo
** 6 of 7 brokerages rate the stock "buy" or above, 1 "hold"; median PT at $45, according to data compiled by LSEG
** Including session moves, stock has fallen 3% YTD
(Reporting by Miraanta Lowrance in Bengaluru)
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