Wedbush Reiterates Neutral on UWM Hldgs, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Henry Coffey has reiterated a Neutral rating on UWM Holdings (UWMC) and maintained a $7 price target.

May 10, 2024 | 1:23 pm
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Wedbush analyst Henry Coffey reaffirmed a Neutral rating on UWM Holdings, with a steady price target of $7, indicating no immediate change in the company's outlook or valuation.
The reiteration of a Neutral rating and maintenance of the price target suggests that Wedbush sees no new catalysts or changes in fundamentals that would alter the investment thesis on UWM Holdings in the near term. This stability in outlook is likely to result in a neutral short-term impact on the stock price, as the market has likely already priced in the existing analysis.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100