Jefferies Upgrades UWM Hldgs to Buy, Raises Price Target to $7
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Kyle Joseph upgrades UWM Holdings (NYSE:UWMC) from Hold to Buy and raises the price target from $5.5 to $7.
May 26, 2023 | 9:27 am
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UWM Holdings (NYSE:UWMC) has been upgraded from Hold to Buy by Jefferies analyst Kyle Joseph, with a raised price target of $7.
The upgrade from Hold to Buy and the raised price target from $5.5 to $7 by Jefferies analyst Kyle Joseph indicates a positive outlook for UWM Holdings. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100