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Actionable news in MTG: MGIC INVESTMENT Corp,

MGIC Investment (MTG) Stock Initiated With 'Hold' Rating at Deutsche Bank

NEW YORK (TheStreet) -- MGIC Investment Corp. (MTG - Get Report) stock was initiated with a "hold" rating at Deutsche Bank on Tuesday.

Operating results for private mortgage insurance companies such as MGIC will continue to improve, Deutsche Bank said.

"We believe MGIC and Radian (RDN) will be able to deliver low- to mid-teens operating return on equity for both 2016 and 2017 (and into the future), as loss ratios and default inventory continue to improve towards a post-crisis normalized run-rate," the firm said.

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