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Rating: MTG
Buy $11

Mgic Investment Corporation (NYSE: MTG) rated to Buy with price target $11 by MKM Partners

Wednesday,  Mar 4, 2015  11:25 AM ET by Betsy O'Brien Harrison

MKM Partners rated Mgic
Investment Corporation (NYSE: MTG) to Buy with price target $11.

MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunitiesby enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.



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