UWM Holdings Jumps 7% After BTIG Slaps Buy Rating On The Stock
Portfolio Pulse from Adam Eckert
UWM Holdings Corp's shares rose by 7% after BTIG upgraded the stock from a Neutral rating to a Buy rating, setting a price target of $6. Earlier this week, Goldman Sachs maintained a Neutral rating but lowered its price target from $6.50 to $5.50. The company is expected to report its Q3 earnings in early November, with estimates set at 5 cents per share and anticipated revenue of $471.45 million.
October 05, 2023 | 9:28 pm
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UWM Holdings Corp's stock was upgraded by BTIG, leading to a 7% increase in its shares. The company's Q3 earnings are expected in early November.
The upgrade from BTIG has led to a positive impact on UWM Holdings Corp's stock, causing a 7% increase in its shares. The upcoming Q3 earnings report could further influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100