UBS Maintains Neutral on UWM Hldgs, Raises Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Brock Vandervliet has maintained a Neutral rating on UWM Holdings (NYSE:UWMC) and raised the price target from $4.5 to $6.
August 30, 2023 | 2:16 pm
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NEUTRAL IMPACT
UBS analyst has maintained a Neutral rating on UWM Holdings and raised the price target from $4.5 to $6.
The news is directly about UWM Holdings. The Neutral rating suggests that the analyst does not expect significant price movement in the short term. However, the increase in price target from $4.5 to $6 indicates a positive outlook for the company's stock in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100