Barclays Upgrades UWM Hldgs to Equal-Weight, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mark Devries has upgraded UWM Holdings (NYSE:UWMC) from Underweight to Equal-Weight and increased the price target from $6 to $8.
October 08, 2024 | 4:54 pm
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Barclays has upgraded UWM Holdings from Underweight to Equal-Weight, raising the price target from $6 to $8, indicating a more positive outlook on the stock.
The upgrade from Underweight to Equal-Weight by Barclays suggests improved sentiment towards UWM Holdings. The raised price target from $6 to $8 indicates expectations of a higher valuation, likely leading to positive short-term price movement.
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IMPORTANCE 80
RELEVANCE 100