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Analysts Offer Insights on Financial Companies: Finance of America Companies (FOA) and Silvergate Capital (SI)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Finance of America Companies (FOAResearch Report) and Silvergate Capital (SIResearch Report) with bullish sentiments.

Finance of America Companies (FOA)

In a report released yesterday, Douglas Harter from Credit Suisse maintained a Buy rating on Finance of America Companies, with a price target of $3.50. The company’s shares closed last Monday at $1.56, close to its 52-week low of $1.20.

According to TipRanks.com, Harter is a 5-star analyst with an average return of 18.2% and a 64.8% success rate. Harter covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, ARMOUR Residential REIT, and Granite Point Mortgage.

Finance of America Companies has an analyst consensus of Moderate Buy, with a price target consensus of $2.53, implying a 63.2% upside from current levels. In a report issued on November 11, Raymond James also maintained a Buy rating on the stock with a $2.50 price target.

See the top stocks recommended by analysts >>

Silvergate Capital (SI)

Wedbush analyst David Chiaverini maintained a Buy rating on Silvergate Capital yesterday and set a price target of $45.00. The company’s shares closed last Monday at $24.27, close to its 52-week low of $23.20.

According to TipRanks.com, Chiaverini is a 3-star analyst with an average return of 2.3% and a 44.6% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Pacific Premier Bancorp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Silvergate Capital with a $50.63 average price target, a 98.6% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $50.00 price target.

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