UBS Maintains Neutral on loanDepot, Raises Price Target to $2
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Brock Vandervliet has maintained a Neutral rating on loanDepot (NYSE:LDI) and raised the price target from $1.75 to $2.
August 30, 2023 | 2:13 pm
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NEUTRAL IMPACT
UBS analyst has maintained a Neutral rating on loanDepot and raised the price target from $1.75 to $2.
The news is directly about loanDepot and its price target being raised by UBS. However, the rating remains Neutral, indicating that the analyst does not expect significant price movement in the short term. Therefore, the impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100