Jefferies analyst Matthew Hurwit downgraded Guild Holdings (GHLD) to Hold from Buy with a price target of $20, up from $16, citing the company’s agreement to be acquired by a fund managed by Bayview Asset Management for $20.00 per share in cash.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GHLD:
- Guild Holdings price target raised to $20 from $12.50 at JPMorgan
- Guild Holdings’ Acquisition of Bayview Asset Management: A Strategic Move for Enhanced Operational Scale and Earnings Potential
- Guild Holdings Announces Merger with Gulf MSR HoldCo
- Guild Holdings deal valuation supportive of Onity Group, says BTIG
- Guild Mortgage downgraded to Market Perform from Outperform at Citizens JMP
