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.
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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
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- Guild Holdings deal valuation supportive of Onity Group, says BTIG
- Guild Mortgage downgraded to Market Perform from Outperform at Citizens JMP