Keefe, Bruyette & Woods Downgrades Walker & Dunlop to Market Perform, Announces $105 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jade Rahmani downgraded Walker & Dunlop from Outperform to Market Perform and set a price target of $105. The downgrade reflects a more neutral outlook on the company's stock.
December 13, 2023 | 9:27 am
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Walker & Dunlop was downgraded by Keefe, Bruyette & Woods from Outperform to Market Perform with a price target of $105.
Downgrades by analysts can lead to a negative short-term reaction in the stock market as they suggest a more conservative outlook on the company's future performance. The new price target of $105 provides a benchmark that may influence investor expectations and stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100