Wedbush Maintains Outperform on Walker & Dunlop, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has maintained an Outperform rating on Walker & Dunlop (NYSE:WD), but lowered the price target from $105 to $90.

November 10, 2023 | 1:47 pm
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NEUTRAL IMPACT
Wedbush has maintained an Outperform rating on Walker & Dunlop, but lowered the price target from $105 to $90.
The news directly pertains to Walker & Dunlop (WD). The maintained Outperform rating indicates that the analyst still expects the stock to outperform the market, which is positive. However, the lowered price target could be seen as a negative signal, suggesting that the analyst expects less upside than before. This could have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100