Goldman Sachs Maintains Neutral on UWM Hldgs, Raises Price Target to $6.75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash maintains a Neutral rating on UWM Holdings (NYSE:UWMC) and raises the price target from $6 to $6.75.
August 10, 2023 | 1:44 pm
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Goldman Sachs maintains a Neutral rating on UWM Holdings and raises the price target from $6 to $6.75.
The news is directly about UWM Holdings. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating that they do not expect significant price movement in the short term. However, they have raised the price target, which could suggest a slightly more positive outlook. This could potentially lead to a slight increase in the stock price, but given the Neutral rating, the impact is likely to be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100