UBS Maintains Neutral on loanDepot, Raises Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Douglas Harter maintains a Neutral rating on loanDepot (NYSE:LDI) and raises the price target from $2.3 to $2.5.
September 05, 2024 | 1:22 pm
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UBS has maintained a Neutral rating on loanDepot but increased the price target from $2.3 to $2.5, indicating a slightly more positive outlook.
The increase in price target from $2.3 to $2.5 suggests a slightly more optimistic view on loanDepot's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
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