Piper Jaffray Reiterates Overweight Rating and PT on Radian Group

According to a recent report, Piper Jaffray has reiterated an Overweight rating and a $7.50 price target on Radian Group (NYSE: RDN) after a recent breakdown of the company's portfolio.

In the report, Piper Jaffray said, "A more in-depth analysis of Radian's Financial Guaranty portfolio reveals the true risk and likely places investors at ease on credit performance."

Radian Group closed yesterday at $4.62.