Wedbush Maintains Outperform on Walker & Dunlop, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Henry Coffey has maintained an Outperform rating on Walker & Dunlop (NYSE:WD) and increased the price target from $110 to $130, indicating a positive outlook on the company's stock.
January 02, 2024 | 4:13 pm
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Wedbush analyst Henry Coffey has reaffirmed an Outperform rating on Walker & Dunlop and raised the price target from $110 to $130, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and a potential rise in the stock price in the short term as the market reacts to the positive endorsement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100