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Analysts Are Bullish on These Financial Stocks: BlackRock TCP Capital (TCPC), Essent Group (ESNT)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on BlackRock TCP Capital (TCPCResearch Report) and Essent Group (ESNTResearch Report) with bullish sentiments.

BlackRock TCP Capital (TCPC)

Bank of America Securities analyst Derek Hewett reiterated a Buy rating on BlackRock TCP Capital yesterday and set a price target of $13.00. The company’s shares closed last Friday at $12.89.

According to TipRanks.com, Hewett is a 4-star analyst with an average return of 9.6% and a 63.6% success rate. Hewett covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Bain Capital Specialty Finance, and New Mountain Finance.

BlackRock TCP Capital has an analyst consensus of Moderate Buy, with a price target consensus of $12.13.

See the top stocks recommended by analysts >>

Essent Group (ESNT)

In a report released yesterday, Mihir Bhatia from Bank of America Securities reiterated a Buy rating on Essent Group, with a price target of $59.00. The company’s shares closed last Friday at $52.76.

According to TipRanks.com, Bhatia is a 4-star analyst with an average return of 8.1% and a 56.1% success rate. Bhatia covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.

Currently, the analyst consensus on Essent Group is a Moderate Buy with an average price target of $51.86, a 0.3% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $55.00 price target.

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